$4,726

Avg. Federal Grant

$2,797

Avg. Federal Loan

$2,343,069

Total Aid Awarded

Northwestern Connecticut Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

42%

Total Aid Amount Average Total Aid Awarded per year.

$2.343M

Financial Aid Official Website

www.nwcc.edu/financial-aid/

It is interesting to note that, every year, around 71% of students at NCCC receive some kind of financial aid, while the total amount of assistance/loans provided is $387,649. More information regarding the financial assistance schemes can be accessed on NCCC’s official financial aid page at http://www.nwcc.edu/financial-aid/. Notably, a total of 57% of the applicants to Northwestern Connecticut Community College receive the Federal Grant every year. In comparison, 68% of the students are awarded the Student Grant, 25% get the Institution Grant, and 57% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,531, while the same comes to $2,947 for State Grant receivers and $1,040 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,541. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 8% of the applicants to Northwestern Connecticut Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

42%

State Grant Aid

18%

Institution Grant Aid

27%

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$4,726

State Grant Aid

$2,098

Institution Grant Aid

$1,216

Pell Grant

$4,657

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,702

$30,001 - $48,000

$4,938

$48,001 - $75,000

$3,545

$75,001 - $110,000

$2,163

Over $110,000

$3,653

Student Loans for Northwestern Connecticut Community College

Average Loan Amount Average Loan Amount received per year.

$2,797/Year

Students Taking Out Loans

4%

Loan Default Rate

2.6%

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