by our College Data Analytics TeamMost students will never be charged 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 price tag of going to North Carolina State University at Raleigh can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial assistance solutions will NC State provide, and just what are you going to be eligible for? Read on for answers. Keep reading to see just how much financial aid could be open to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from North Carolina State University at Raleigh.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At North Carolina State University at Raleigh, 69% of new full-time first-years were awarded at least some aid approximately 3890 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 51% | $11,675 |
| Institutional grants & scholarships | 48% | $8,053 |
| Federal Pell grants | 19% | $5,636 |
| State/local grants | 18% | $5,059 |
| Federal student loans | 39% | $5,064 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Here, around 51% of the undergraduate population received grant aid that averaged $11,592 (among about 14010 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 51% | $11,592 |
| Federal Pell grants | 20% | $5,513 |
| Federal student loans | 33% | $5,953 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $9,122.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,239 |
| $30,001 – $75,000 | $11,593 |
| Over $75,000 | $23,054 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $17,303 |
| Off-campus title-IV students | $16,931 |
For an estimate tailored to your family circumstances, see NC State’s online cost calculator: npc.collegeboard.org/app/ncsu.
The median student at NC State graduates with $17,320 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,320 |
| Median federal debt (graduates only) | $20,121 |
| Typical 10-year monthly payment (graduates) | $213.32/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at NC State.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,703 |
| 25th percentile | $8,750 |
| 75th percentile | $26,786 |
| 90th percentile (highest-debt students) | $31,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $14,281 |
| Middle income | $17,500 |
| High income | $18,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,135 |
| Continuing-generation students | $17,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,500 |
| Independent students | $16,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at NC State.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at NC State:
| Metric | Value |
|---|---|
| Stafford loan recipients | 57908 |
| Total Stafford loan amount | $1,270,629,283 |
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 recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 561 |
| Total GI Bill amount | $5,204,474 |
| Average GI Bill amount per recipient | $9,277 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 71 |
| Total DoD amount | $186,433 |
| Average DoD amount per recipient | $2,626 |
References
More about our data sources and methodologies.