Notably, around 71% of the students at Northwest Suburban College receive some kind of financial aid every year, official data shows. Meanwhile, 50% of the applicants receive the Student Grant, while 50% are awarded the Institution Grant. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 65% of the applicants to Northwest Suburban College opt for student loans.