by our College Data Analytics TeamA large number of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Northeast Technical Institute can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial aid solutions can Northeast Technical Institute deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Northeast Technical Institute.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Northeast Technical Institute, 80% of first-year full-time students received aid of some kind some 207 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 80% | $5,735 |
| Institutional grants & scholarships | 63% | $1,423 |
| Federal Pell grants | 40% | $4,284 |
| State/local grants | 50% | $3,943 |
| Federal student loans | 52% | $5,872 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, some 73% of undergraduates were awarded an average grant or scholarship of $6,143 (across roughly 226 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 73% | $6,143 |
| Federal Pell grants | 39% | $4,436 |
| Federal student loans | 49% | $6,029 |
Title-IV recipients living on campus saw average grant aid of $6,946.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $35,038 |
| $30,001 – $75,000 | $34,943 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $26,546 |
| Off-campus title-IV students | $35,025 |
To project your own net price, use Northeast Technical Institute’s NPC: ntinow.edu/financial-aid-resources/.
The middle student in the debt distribution at Northeast Technical Institute owes $8,550 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,550 |
| Median federal debt (graduates only) | $8,708 |
| Typical 10-year monthly payment (graduates) | $92.32/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at Northeast Technical Institute.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,617 |
| 25th percentile | $4,486 |
| 75th percentile | $8,708 |
| 90th percentile (highest-debt students) | $8,708 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,550 |
| Middle income | $8,550 |
| High income | $4,950 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,550 |
| Continuing-generation students | $8,550 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,950 |
| Independent students | $8,708 |
These indicators are derived from the underlying debt data and summarize the overall picture at Northeast Technical Institute.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Northeast Technical Institute:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2310 |
| Total Stafford loan amount | $16,162,370 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 23 |
| Total GI Bill amount | $240,485 |
| Average GI Bill amount per recipient | $10,456 |
References
More about our data sources and methodologies.