A large number of students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Northern Technical College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
Just what financing solutions does Northern Technical College provide, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to learn just how much financial aid will be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Read on to get a sense of the financial assistance available at Northern Technical College.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at Northern Technical College, 100% of first-time, full-time freshmen received some form of financial aid some 3 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $5,444 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 100% | $5,444 |
| State/local grants | 0% | — |
| Federal student loans | 100% | $5,444 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, roughly 83% of undergraduates were awarded an average grant or scholarship of $6,295 (covering around 30 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $6,295 |
| Federal Pell grants | 83% | $6,295 |
| Federal student loans | 86% | $8,954 |
For students living on campus and receiving title-IV aid, grants averaged $5,444.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,605 |
Remember these are net prices — what families pay after gift aid, not before.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $10,733 |
| Off-campus title-IV students | $14,605 |
For an estimate tailored to your family circumstances, see Northern Technical College’s net price tool: www.northerntechnicalcolleges.com/financial-aid.
Graduating students at Northern Technical College carry a median federal student debt of $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Northern Technical College.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at Northern Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 83 |
| Total Stafford loan amount | $923,849 |
References
More about our data sources and methodologies.