$4,423

Avg. Federal Grant

$5,235

Avg. Federal Loan

$12,203,799

Total Aid Awarded

Northeast Wisconsin Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

25%

Total Aid Amount Average Total Aid Awarded per year.

$12.204M

Financial Aid Official Website

www.nwtc.edu/admissions/financial-aid/

Notably, 68% of the students at Northeast Wisconsin Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $12,877,204. One can visit NWTC's financial aid page at http://www.nwtc.edu/admissions/financial-aid/ for more information. At NWTC, the total percentage of applicants who receive the Federal Grant stands at 43%. Meanwhile, 52% of the applicants receive the Student Grant and 18% are awarded the Institution Grant, while 43% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,151, and the same stands at $1,541 for State Grant awardees and $767 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,543. 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. 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. At NWTC, an estimated number of 40% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

31%

Institution Grant Aid

17%

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,423

State Grant Aid

$1,020

Institution Grant Aid

$736

Pell Grant

$4,391

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,739

$30,001 - $48,000

$5,376

$48,001 - $75,000

$3,389

$75,001 - $110,000

$1,230

Over $110,000

N/A

Student Loans for Northeast Wisconsin Technical College

Average Loan Amount Average Loan Amount received per year.

$5,745/Year

Students Taking Out Loans

42%

Loan Default Rate

16.2%

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