Northwest Florida State College (NWFSC) Financial Aid and Scholarships 2021

Notably, 77% of the students at Northwest Florida State College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,620,217. More information regarding the financial assistance schemes can be accessed on NFSC’s official financial aid page at http://www.nwfsc.edu/Students/PayingforCollege/FinancialAid/. The total percentage of candidates applying to Northwest Florida State College who receive the Federal Grant is 41%. In comparison, 69% of the students are awarded the Student Grant, 22% get the Institution Grant, and 41% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $7,354, the State Grant receivers and Institution Grant beneficiaries get $2,297 and $1,437, respectively. On the other hand, the average aid received by the Pell Grant awardees is $6,278. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At NFSC, an estimated number of 31% of the applicants choose to go for student loans.