$4,740

Avg. Federal Grant

$4,396

Avg. Federal Loan

$6,265,187

Total Aid Awarded

Northwest College (NWC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$6.265M

Financial Aid Official Website

www.nwc.edu/financialaid/

Among them are scholarship programs such as Active Member Scholarship, Vera Asay Sargent Scholarship, Western Undergraduate Exchange, and Wyoming Resident Law Enforcement Scholarship. Notably, 97% of the students at Northwest College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,223,032. At NC, the total percentage of applicants who receive the Federal Grant stands at 33%. On the other hand, 94% of the candidates get the Student Grant, 86% receive the Institution Grant, and 33% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,917, while the same comes to $2,293 for State Grant receivers and $4,146 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,407. 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. 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. At NC, an estimated number of 24% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

48%

Institution Grant Aid

78%

Pell Grant

41%

Average Aid Awarded

Federal Grant Aid

$4,740

State Grant Aid

$2,232

Institution Grant Aid

$4,139

Pell Grant

$4,690

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,414

$30,001 - $48,000

$7,822

$48,001 - $75,000

$6,813

$75,001 - $110,000

$3,511

Over $110,000

$3,177

Student Loans for Northwest College (NWC)

Average Loan Amount Average Loan Amount received per year.

$4,512/Year

Students Taking Out Loans

27%

Loan Default Rate

16.1%

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