$4,260

Avg. Federal Grant

N/A

Avg. Federal Loan

$21,334,137

Total Aid Awarded

Northeast State Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$21.334M

Financial Aid Official Website

www.northeaststate.edu/Financial-Aid/Financial-Aid-Office/

Students can avail of scholarships provided by the college, such as Chapter 105 - Memphis - Les Segar Memorial Scholarship, Dr. Richard Forrest & Ella Dudney Kelsey Memorial Scholarship, Tennessee HOPE Scholarship, and Tennessee Student Assistance Award, if they find educational expenses to be on the higher side. Notably, around 97% of the students at Northeast State Community College receive some kind of financial aid every year, official data shows. Notably, a total of 64% of the applicants to Northeast State Community College receive the Federal Grant every year. On the other hand, 97% of the candidates get the Student Grant, 9% receive the Institution Grant, and 64% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,317, while the same comes to $3,200 for State Grant receivers and $1,310 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,848. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 4% of the applicants to Northeast State Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

90%

Institution Grant Aid

4%

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$4,260

State Grant Aid

$3,153

Institution Grant Aid

$1,512

Pell Grant

$4,200

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,033

$30,001 - $48,000

$6,644

$48,001 - $75,000

$4,711

$75,001 - $110,000

$4,177

Over $110,000

$1,609

Student Loans for Northeast State Community College

Average Loan Amount Average Loan Amount received per year.

$7,459/Year

Students Taking Out Loans

N/A

Loan Default Rate

9.8%

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