$5,476

Avg. Federal Grant

$4,558

Avg. Federal Loan

$9,178,423

Total Aid Awarded

Northwest-Shoals Community College (NWSCC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

62%

Total Aid Amount Average Total Aid Awarded per year.

$9.178M

Financial Aid Official Website

https://www.nwscc.edu/about-nw-scc/college-departments/student-services/financial-aid

As many as 89% of the students at NSCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,336,876 in a year. One can visit NSCC's financial aid page at https://www.nwscc.edu/about-nw-scc/college-departments/student-services/financial-aid for more information. At NSCC, the total percentage of applicants who receive the Federal Grant stands at 61%. Meanwhile, 84% of the applicants receive the Student Grant and 41% are awarded the Institution Grant, while 61% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,303, and the same stands at $489 for State Grant awardees and $1,844 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,237. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Northwest-Shoals Community College, the percentage of candidates who opt to avail of student loans is around 24%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

61%

State Grant Aid

6%

Institution Grant Aid

46%

Pell Grant

61%

Average Aid Awarded

Federal Grant Aid

$5,476

State Grant Aid

$394

Institution Grant Aid

$2,029

Pell Grant

$5,316

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,517

$30,001 - $48,000

$5,091

$48,001 - $75,000

$2,858

$75,001 - $110,000

$970

Over $110,000

$787

Student Loans for Northwest-Shoals Community College (NWSCC)

Average Loan Amount Average Loan Amount received per year.

$4,558/Year

Students Taking Out Loans

18%

Loan Default Rate

23%

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