Northeast Alabama Community College (NACC) Financial Aid and Scholarships
Students Receiving Aid
75%
Total Aid Amount
$8.411M
Financial Aid Official Website
https://www.nacc.edu/admission-financial-aid/financial-aid
Notably, 93% of the students at Northeast Alabama Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,066,071. One can visit NACC's financial aid page at https://www.nacc.edu/admission-financial-aid/financial-aid for more information. The total percentage of candidates applying to Northeast Alabama Community College who receive the Federal Grant is 70%. Meanwhile, 82% of the applicants receive the Student Grant and 22% are awarded the Institution Grant, while 70% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,507, the State Grant receivers and Institution Grant beneficiaries get $509 and $4,621, respectively. And, for the Pell Grant awardees, the average aid amount is $4,523. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Northeast Alabama Community College, the percentage of candidates who opt to avail of student loans is around 9%.
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