It is interesting to note that, every year, around 81% of students at NTC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,299,126. The total percentage of candidates applying to Northwest Technical College who receive the Federal Grant is 54%. On the other hand, 67% of the candidates get the Student Grant, 9% receive the Institution Grant, and 54% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,637, while the same comes to $2,140 for State Grant receivers and $1,411 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,734. 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. 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. Every year, around 54% of the applicants to Northwest Technical College opt for student loans.