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Normandale Community College Financial Aid Details

76% Freshmen Get Financial Aid
$4,476 Average Grant & Scholarship
62% Undergrads Get Grant Aid

A large number of students will never be charged 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 price tag of going to Normandale Community College can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.

What financial aid options can Normandale Community College offer, and what will you qualify for? Keep reading for more information. Read on to learn what amount of financial assistance will be accessible to you.

Understanding Normandale Community College Financial Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Normandale Community College.

Average Freshman Financial Aid at Normandale Community College

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

For incoming first-year students at Normandale Community College, 76% of new full-time first-years were awarded at least some aid some 667 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)65%$6,098
Institutional grants & scholarships6%$1,626
Federal Pell grants54%$5,353
State/local grants60%$1,434
Federal student loans16%$5,419

Free Money: Grants and Scholarships at Normandale Community College

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Normandale Community College, approximately 62% of undergraduates were awarded an average grant or scholarship of $4,476 (among about 5999 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)62%$4,476
Federal Pell grants28%$4,181
Federal student loans11%$6,962

For students living on campus and receiving title-IV aid, grants averaged $5,722.

Net Price by Family Income at Normandale Community College

Need-based aid means lower-income families typically pay far less than the sticker price suggests.

Family IncomeAverage Net Price
$0 – $48,000$10,911
$30,001 – $75,000$11,943
Over $75,000$16,154

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

Net Price at Normandale Community College

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.

CohortAverage Net Price
On-campus title-IV students$12,972
Off-campus title-IV students$12,370

To project your own net price, use Normandale Community College’s net price tool: www.minnstate.edu/admissions/calculator/normandale.html.

What Students Owe at Normandale Community College

The middle student in the debt distribution at Normandale Community College owes $8,000 in federal student debt.

MetricAmount
Median federal debt (all student-aid borrowers)$8,000
Median federal debt (graduates only)$12,000
Typical 10-year monthly payment (graduates)$127.22/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

The Full Range of Student Debt

A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Normandale Community College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,000
25th percentile$3,500
75th percentile$14,250
90th percentile (highest-debt students)$24,750

How Debt Outcomes Vary by Student Group at Normandale Community College

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$9,000
Middle income$8,122
High income$6,500

First-Generation Comparison

CohortMedian federal debt
First-generation students$8,250
Continuing-generation students$6,518

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$5,968
Independent students$10,500

Debt Burden Indicators

The figure below distills the debt data into a single burden category for Normandale Community College.

Federal Student Loans at Normandale Community College

Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Normandale Community College:

MetricValue
Stafford loan recipients24898
Total Stafford loan amount$303,856,341

Military and Veterans Aid at Normandale Community College

GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.

GI Bill volume

MetricValue
GI Bill recipients57
Total GI Bill amount$163,485
Average GI Bill amount per recipient$2,868

Active-duty Tuition Assistance recipients

MetricValue
DoD Tuition Assistance recipients40
Total DoD amount$72,181
Average DoD amount per recipient$1,805

References

More about our data sources and methodologies.

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