$4,715

Avg. Federal Grant

$5,084

Avg. Federal Loan

$6,043,076

Total Aid Awarded

North Dakota State College of Science (NDSCS) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

44%

Total Aid Amount Average Total Aid Awarded per year.

$6.043M

Financial Aid Official Website

https://www.ndscs.edu/paying-for-college/financial-aid/

Such schemes include Midwest Student Exchange Program, North Dakota Scholars Scholarship, and Western Undergraduate Exchange. It is interesting to note that, every year, around 89% of students at NDSCS receive some kind of financial aid, while the total amount of assistance/loans provided is $6,696,292. At NDSCS, the total percentage of applicants who receive the Federal Grant stands at 38%. On the other hand, 64% of the candidates get the Student Grant, 27% receive the Institution Grant, and 38% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,946, and the same stands at $1,993 for State Grant awardees and $2,119 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,634. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At NDSCS, an estimated number of 66% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

28%

Institution Grant Aid

27%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$4,715

State Grant Aid

$1,808

Institution Grant Aid

$1,857

Pell Grant

$4,498

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,471

$30,001 - $48,000

$5,840

$48,001 - $75,000

$3,381

$75,001 - $110,000

$942

Over $110,000

$742

Student Loans for North Dakota State College of Science (NDSCS)

Average Loan Amount Average Loan Amount received per year.

$8,143/Year

Students Taking Out Loans

74%

Loan Default Rate

11.8%