Northwest Mississippi Community College Financial Aid and Scholarships
Students Receiving Aid
71%
Total Aid Amount
$22.248M
Financial Aid Official Website
www.northwestms.edu/index.php/?page_id=378
Among them are scholarship programs such as Aura Neely-Gary Memorial Scholarship Fund. Notably, 91% of the students at Northwest Mississippi Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,229,848. More information regarding the financial assistance schemes can be accessed on NMCC’s official financial aid page at http://www.northwestms.edu/index.php/?page_id=378. The total percentage of candidates applying to Northwest Mississippi Community College who receive the Federal Grant is 62%. Meanwhile, 88% of the applicants receive the Student Grant and 40% are awarded the Institution Grant, while 62% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,967, the State Grant receivers and Institution Grant beneficiaries get $831 and $1,913, respectively. And, for the Pell Grant awardees, the average aid amount is $4,509. 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 NMCC, an estimated number of 14% of the applicants choose to go for student loans.
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