$4,756

Avg. Federal Grant

$5,675

Avg. Federal Loan

$2,026,947

Total Aid Awarded

Northwest Kansas Technical College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

35%

Total Aid Amount Average Total Aid Awarded per year.

$2.027M

Financial Aid Official Website

www.nwktc.edu/admissions/financial-aid

It is interesting to note that, every year, around 93% of students at NKTC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,755,324. The total percentage of candidates applying to Northwest Kansas Technical College who receive the Federal Grant is 57%. Meanwhile, 81% of the applicants receive the Student Grant and 58% are awarded the Institution Grant, while 55% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,010, and the same stands at $1,889 for State Grant awardees and $1,835 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,960. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 77% of the applicants to Northwest Kansas Technical College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

51%

State Grant Aid

N/A

Institution Grant Aid

65%

Pell Grant

51%

Average Aid Awarded

Federal Grant Aid

$4,756

State Grant Aid

$1,000

Institution Grant Aid

$2,609

Pell Grant

$4,683

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,450

$30,001 - $48,000

$7,530

$48,001 - $75,000

$8,110

$75,001 - $110,000

$2,413

Over $110,000

$6,000

Student Loans for Northwest Kansas Technical College

Average Loan Amount Average Loan Amount received per year.

$6,251/Year

Students Taking Out Loans

69%

Loan Default Rate

5.8%