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Northern Technical College Paying for Your Degree

100% Freshmen Get Financial Aid
$6,295 Average Grant & Scholarship
83% Undergrads Get Grant Aid

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.

Importance of Northern Technical College Financial Aid Information

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 Aid for First-Year Students 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 ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$5,444
Institutional grants & scholarships0%
Federal Pell grants100%$5,444
State/local grants0%
Federal student loans100%$5,444

Scholarship and Grant Awards at Northern Technical College

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 ReceivingAverage Amount
Grant or scholarship aid (all sources)83%$6,295
Federal Pell grants83%$6,295
Federal student loans86%$8,954

For students living on campus and receiving title-IV aid, grants averaged $5,444.

Aid by Income Level at Northern Technical College

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$14,605

Remember these are net prices — what families pay after gift aid, not before.

Average Net Price for Northern Technical College

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage 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.

How Much Students Borrow at Northern Technical College

Graduating students at Northern Technical College carry a median federal student debt of $9,500 of federal student loans.

MetricAmount
Median federal debt (all student-aid borrowers)$9,500

Summary Debt Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Northern Technical College.

Federal Loan Volume at 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:

MetricValue
Stafford loan recipients83
Total Stafford loan amount$923,849

External Resources for Northern Technical College

References

More about our data sources and methodologies.

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