$4,379

Avg. Federal Grant

$4,597

Avg. Federal Loan

$8,896,372

Total Aid Awarded

Northeast Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

65%

Total Aid Amount Average Total Aid Awarded per year.

$8.896M

Financial Aid Official Website

www.northeast.edu

Students can avail of scholarships provided by the college, such as Clifton & Alberta White Memorial Scholarship, Humpert Memorial Scholarship, Maynard Jensen American Legion Memorial Scholarship, and Robert R. Johnson Memorial Scholarship, if they find educational expenses to be on the higher side. Notably, 90% of the students at Northeast Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,463,980. For additional information about financial assistance schemes, one can head over to NCC’s financial aid page at http://www.northeast.edu. At NCC, the total percentage of applicants who receive the Federal Grant stands at 47%. On the other hand, 70% of the candidates get the Student Grant, 41% receive the Institution Grant, and 46% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,548, while the same comes to $1,013 for State Grant receivers and $1,935 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,001. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At NCC, an estimated number of 43% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

20%

Institution Grant Aid

40%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$4,379

State Grant Aid

$992

Institution Grant Aid

$2,137

Pell Grant

$4,383

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,235

$30,001 - $48,000

$5,904

$48,001 - $75,000

$3,421

$75,001 - $110,000

$1,143

Over $110,000

$1,005

Student Loans for Northeast Community College

Average Loan Amount Average Loan Amount received per year.

$4,800/Year

Students Taking Out Loans

45%

Loan Default Rate

11.5%

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