College Factual  by our College Data Analytics Team
       Unbiased Factual Guarantee

North Carolina Central University Financial Aid & Debt Outcomes

95% Freshmen Get Financial Aid
$11,314 Average Grant & Scholarship
74% Undergrads Get Grant Aid

A lot 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 price of attendance at North Carolina Central University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financial aid options can North Carolina Central University offer you, and what will you qualify for? Keep reading for more information. Keep scrolling to discover what amount of financial assistance could be accessible to you.

Understanding North Carolina Central University Financial Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from North Carolina Central University.

Financial Aid for First-Year Students at North Carolina Central University

Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.

At North Carolina Central University, 95% of first-time, full-time freshmen received some form of financial aid roughly 1375 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)87%$11,999
Institutional grants & scholarships84%$3,939
Federal Pell grants74%$6,504
State/local grants57%$3,451
Federal student loans72%$6,108

Scholarships and Grants at North Carolina Central University

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, approximately 74% of undergrads got grants or scholarships worth on average $11,314 (across roughly 4442 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)74%$11,314
Federal Pell grants59%$6,223
Federal student loans63%$6,927

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $11,197.

Aid by Income Level at North Carolina Central University

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$13,099
$30,001 – $75,000$15,676
Over $75,000$22,487

Remember these are net prices — what families pay after gift aid, not before.

Net Price at North Carolina Central University

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$15,359
Off-campus title-IV students$15,028

To get a personalized net price estimate, try North Carolina Central University’s NPC: www.nccu.edu/net-price-calculator.

Median Student Debt for Graduates of North Carolina Central University

The middle student in the debt distribution at North Carolina Central University owes $22,000 in federal loans.

MetricAmount
Median federal debt (all student-aid borrowers)$22,000
Median federal debt (graduates only)$28,250
Typical 10-year monthly payment (graduates)$299.5/mo

Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.

Where Student Debt Falls

Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at North Carolina Central University.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,383
25th percentile$10,250
75th percentile$35,500
90th percentile (highest-debt students)$44,848

Median Debt by Student Group at North Carolina Central University

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

By Family Income

Income tierMedian federal debt
Low income$23,250
Middle income$21,431
High income$18,500

By First-Generation Status

CohortMedian federal debt
First-generation students$22,250
Continuing-generation students$21,000

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$21,733
Independent students$22,393

Summary Debt Indicators

The figure below distills the debt data into a single burden category for North Carolina Central University.

Student Loans at North Carolina Central University

The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at North Carolina Central University:

MetricValue
Stafford loan recipients43569
Total Stafford loan amount$1,467,191,317

Veterans Benefits at North Carolina Central University

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients297
Total GI Bill amount$813,958
Average GI Bill amount per recipient$2,741

DoD program volume

MetricValue
DoD Tuition Assistance recipients26
Total DoD amount$51,220
Average DoD amount per recipient$1,970

More Financial Aid Resources from North Carolina Central University

References

More about our data sources and methodologies.

Popular Reports

College Rankings
Best by Location
Degree Guides by Major
Graduate Programs

Compare Your School Options