$6,244

Avg. Federal Grant

$6,745

Avg. Federal Loan

$44,865,215

Total Aid Awarded

North Carolina Central University (NCCU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

78%

Total Aid Amount Average Total Aid Awarded per year.

$44.865M

Financial Aid Official Website

www.nccu.edu/admissionsandaid/scholarshipandaid/index.cfm

Among them are scholarship programs such as Jagannathan Scholarship, North Carolina Student Incentive Grant, Thurgood Marshall College Fund Scholarships, and Triangle Scholarship Program. It is interesting to note that, every year, around 93% of students at NCCU receive some kind of financial aid, while the total amount of assistance/loans provided is $34,852,530. At NCCU, the total percentage of applicants who receive the Federal Grant stands at 73%. Meanwhile, 83% of the applicants receive the Student Grant and 75% are awarded the Institution Grant, while 72% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,212, and the same stands at $3,505 for State Grant awardees and $3,604 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,230. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 81% of the applicants to North Carolina Central University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

78%

State Grant Aid

64%

Institution Grant Aid

82%

Pell Grant

77%

Average Aid Awarded

Federal Grant Aid

$6,244

State Grant Aid

$2,495

Institution Grant Aid

$3,081

Pell Grant

$5,635

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,495

$30,001 - $48,000

$9,322

$48,001 - $75,000

$6,007

$75,001 - $110,000

$2,393

Over $110,000

$1,285

Student Loans for North Carolina Central University (NCCU)

Average Loan Amount Average Loan Amount received per year.

$6,745/Year

Students Taking Out Loans

87%

Loan Default Rate

8.3%

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