$5,422

Avg. Federal Grant

N/A

Avg. Federal Loan

$2,919,417

Total Aid Awarded

Northwest Louisiana Technical College (NWLTC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$2.919M

Financial Aid Official Website

www.nwltc.edu/financial-aid

Notably, around 87% of the students at Northwest Louisiana Technical College receive some kind of financial aid every year, official data shows. For additional information about financial assistance schemes, one can head over to NLTC’s financial aid page at http://www.nwltc.edu/financial-aid. At NLTC, the total percentage of applicants who receive the Federal Grant stands at 81%. In comparison, 87% of the students are awarded the Student Grant, 3% get the Institution Grant, and 81% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,648, the State Grant receivers and Institution Grant beneficiaries get $1,216 and $2,346, respectively. On the other hand, the average aid received by the Pell Grant awardees is $5,000. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

59%

State Grant Aid

7%

Institution Grant Aid

16%

Pell Grant

59%

Average Aid Awarded

Federal Grant Aid

$5,422

State Grant Aid

$750

Institution Grant Aid

$169

Pell Grant

$5,422

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,651

$30,001 - $48,000

$4,697

$48,001 - $75,000

$2,707

$75,001 - $110,000

N/A

Over $110,000

N/A

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