by our College Data Analytics TeamMost students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Nicolet Area Technical College can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financial assistance options will Nicolet Area Technical College offer you, and what will you qualify for? Read on for more information. Read on to see how much school funding could be available 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 Nicolet Area Technical College.
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.
Among first-time, full-time freshmen at Nicolet Area Technical College, 91% of entering full-time freshmen got some type of financial assistance some 31 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $6,056 |
| Institutional grants & scholarships | 3% | $1,125 |
| Federal Pell grants | 53% | $4,649 |
| State/local grants | 59% | $1,790 |
| Federal student loans | 21% | $3,250 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, around 38% of undergraduates were awarded an average grant or scholarship of $5,085 (for some 461 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 38% | $5,085 |
| Federal Pell grants | 32% | $3,805 |
| Federal student loans | 18% | $3,605 |
For students living on campus and receiving title-IV aid, grants averaged $5,817.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,394 |
| $30,001 – $75,000 | $9,111 |
| Over $75,000 | $13,071 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $8,255 |
| Off-campus title-IV students | $9,290 |
For a customized cost estimate, visit Nicolet Area Technical College’s official net price calculator: www.nicoletcollege.edu/cost-aid/net-price-calculator.
The median federal debt load at Nicolet Area Technical College comes to $3,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $3,500 |
| Median federal debt (graduates only) | $7,837 |
| Typical 10-year monthly payment (graduates) | $83.09/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at Nicolet Area Technical College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $8,500 |
| 90th percentile (highest-debt students) | $14,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $4,146 |
| Middle income | $3,500 |
| High income | $3,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,500 |
| Continuing-generation students | $3,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $4,281 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Nicolet Area Technical College.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Nicolet Area Technical College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3022 |
| Total Stafford loan amount | $20,490,148 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 23 |
| Total GI Bill amount | $70,260 |
| Average GI Bill amount per recipient | $3,055 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.