As many as 66% of the students at NLC get some sort of financial aid, and the total amount of assistance/loans provided is more than $959,721 in a year. At NLC, the total percentage of applicants who receive the Federal Grant stands at 32%. On the other hand, 66% of the candidates get the Student Grant, 17% receive the Institution Grant, and 32% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,133, and the same stands at $1,038 for State Grant awardees and $1,171 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,297. 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. 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. Candidates are also required to repay these loans within a given period. Every year, around 5% of the applicants to Northeast Lakeview College opt for student loans.