$2,473

Avg. Federal Grant

$4,788

Avg. Federal Loan

$565,538

Total Aid Awarded

Nossi College of Art Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

84%

Total Aid Amount Average Total Aid Awarded per year.

$565.538K

Financial Aid Official Website

www.nossi.edu

Notably, 93% of the students at Nossi College of Art get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $818,099. Notably, a total of 93% of the applicants to Nossi College of Art receive the Federal Grant every year. On the other hand, 93% of the candidates get the Student Grant, 45% receive the Institution Grant, and 93% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $2,776, while the same comes to $953 for State Grant receivers and $721 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $2,548. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 82% of the applicants to Nossi College of Art opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

75%

State Grant Aid

35%

Institution Grant Aid

45%

Pell Grant

75%

Average Aid Awarded

Federal Grant Aid

$2,473

State Grant Aid

$992

Institution Grant Aid

$766

Pell Grant

$2,473

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,264

$30,001 - $48,000

$2,890

$48,001 - $75,000

$2,410

$75,001 - $110,000

$341

Over $110,000

N/A

Student Loans for Nossi College of Art

Average Loan Amount Average Loan Amount received per year.

$4,833/Year

Students Taking Out Loans

93%

Loan Default Rate

4.8%

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