by our College Data Analytics TeamMany students are not billed 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 New Castle School of Trades can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financial assistance solutions will New Castle School of Trades deliver, and just what are you going to be eligible for? Read on for answers. Read on to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at New Castle School of Trades.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at New Castle School of Trades, 78% of new full-time first-years were awarded at least some aid some 355 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 63% | $6,320 |
| Institutional grants & scholarships | 1% | $7,581 |
| Federal Pell grants | 62% | $5,491 |
| State/local grants | 10% | $4,156 |
| Federal student loans | 68% | $6,642 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At New Castle School of Trades, some 75% of undergraduates were awarded grant or scholarship aid averaging $9,548 (across roughly 721 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $9,548 |
| Federal Pell grants | 62% | $5,524 |
| Federal student loans | 52% | $6,260 |
For students living on campus and receiving title-IV aid, grants averaged $6,994.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,725 |
| $30,001 – $75,000 | $8,113 |
Remember these are net prices — what families pay after gift aid, not before.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,361 |
| Off-campus title-IV students | $6,981 |
For an estimate tailored to your family circumstances, see New Castle School of Trades’s NPC: www.ncstrades.edu/net-price-calculator/.
A typical borrower at New Castle School of Trades leaves with $8,315 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,315 |
| Median federal debt (graduates only) | $9,567 |
| Typical 10-year monthly payment (graduates) | $101.43/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at New Castle School of Trades.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,054 |
| 25th percentile | $5,500 |
| 75th percentile | $11,972 |
| 90th percentile (highest-debt students) | $15,058 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $7,741 |
| Middle income | $9,500 |
| High income | $9,833 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,004 |
| Continuing-generation students | $9,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $8,277 |
| Independent students | $8,627 |
These indicators are derived from the underlying debt data and summarize the overall picture at New Castle School of Trades.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at New Castle School of Trades:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5509 |
| Total Stafford loan amount | $47,365,199 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 78 |
| Total GI Bill amount | $784,233 |
| Average GI Bill amount per recipient | $10,054 |
References
More about our data sources and methodologies.