by our College Data Analytics TeamMost 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 Tier Career Center can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will Northern Tier Career Center offer, and what will you qualify for? Read on for more information. Scroll down to discover how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Northern Tier Career Center.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at Northern Tier Career Center, 95% of new full-time first-years were awarded at least some aid (about 18 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 37% | $7,908 |
| Institutional grants & scholarships | 5% | $3,000 |
| Federal Pell grants | 32% | $8,726 |
| State/local grants | 0% | — |
| Federal student loans | 58% | $9,705 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, roughly 38% of undergraduates were awarded grant or scholarship aid averaging $8,826 (for some 24 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $8,826 |
| Federal Pell grants | 33% | $7,301 |
| Federal student loans | 48% | $9,762 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $5,536.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,680 |
| $30,001 – $75,000 | $16,302 |
| Over $75,000 | $21,167 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $14,960 |
| Off-campus title-IV students | $16,560 |
For an estimate tailored to your family circumstances, see Northern Tier Career Center’s net price tool: www.ntccschool.org/page/practical-nursing.
A typical borrower at Northern Tier Career Center leaves with $12,625 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,625 |
| Median federal debt (graduates only) | $14,750 |
| Typical 10-year monthly payment (graduates) | $156.37/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at Northern Tier Career Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $6,625 |
| 75th percentile | $14,750 |
These indicators are derived from the underlying debt data and summarize the overall picture at Northern Tier Career Center.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Northern Tier Career Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 434 |
| Total Stafford loan amount | $4,684,728 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $12,827 |
| Average GI Bill amount per recipient | $12,827 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.