by our College Data Analytics TeamA 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 cost of going to Northwest HVAC/R Training Center can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial aid solutions can Northwest HVAC/R Training Center provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see what amount of financial assistance could be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Northwest HVAC/R Training Center.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Northwest HVAC/R Training Center, 76% of new full-time first-years were awarded at least some aid approximately 25 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 48% | $6,210 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 48% | $6,210 |
| State/local grants | 0% | — |
| Federal student loans | 73% | $7,729 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Northwest HVAC/R Training Center, roughly 47% of the undergraduate population received grant aid that averaged $6,682 (among about 23 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 47% | $6,682 |
| Federal Pell grants | 45% | $6,460 |
| Federal student loans | 67% | $7,983 |
On-campus students receiving title-IV aid were awarded grants averaging $6,210.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,178 |
| $30,001 – $75,000 | $16,044 |
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 | $15,590 |
| Off-campus title-IV students | $16,737 |
To project your own net price, use Northwest HVAC/R Training Center’s net price tool: inwhvac.org/NetPriceCalculator/npcalc.htm.
The median student at Northwest HVAC/R Training Center graduates with $9,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/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 Northwest HVAC/R Training Center.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $5,500 |
| 75th percentile | $9,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
A handful of calculated indicators summarize the debt outlook at Northwest HVAC/R Training Center.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Northwest HVAC/R Training Center:
| Metric | Value |
|---|---|
| Stafford loan recipients | 397 |
| Total Stafford loan amount | $2,683,322 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 3 |
| Total GI Bill amount | $34,091 |
| Average GI Bill amount per recipient | $11,364 |
References
More about our data sources and methodologies.