by our College Data Analytics TeamMost students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to North Central Missouri College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial aid solutions can NCMC provide, and just what are you going to be eligible for? Keep reading for answers. Keep reading to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from North Central Missouri College.
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.
Looking at the entering class at North Central Missouri College, 98% of new full-time first-years were awarded at least some aid (about 380 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $7,380 |
| Institutional grants & scholarships | 37% | $1,818 |
| Federal Pell grants | 54% | $5,416 |
| State/local grants | 81% | $4,151 |
| Federal student loans | 18% | $3,882 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At NCMC, around 64% of undergraduates were awarded an average grant or scholarship of $6,107 (for some 1180 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 64% | $6,107 |
| Federal Pell grants | 35% | $5,070 |
| Federal student loans | 17% | $4,941 |
On-campus students receiving title-IV aid were awarded grants averaging $4,872.
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 | $10,154 |
| $30,001 – $75,000 | $11,112 |
| Over $75,000 | $11,674 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $13,626 |
| Off-campus title-IV students | $10,528 |
For an estimate tailored to your family circumstances, see NCMC’s online cost calculator: www.ncmissouri.edu/financialaid/netpricecalculator.
The middle student in the debt distribution at NCMC owes $8,000 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,000 |
| Median federal debt (graduates only) | $10,500 |
| Typical 10-year monthly payment (graduates) | $111.32/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at NCMC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,000 |
| 25th percentile | $3,600 |
| 75th percentile | $13,040 |
| 90th percentile (highest-debt students) | $20,762 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $7,500 |
| High income | $7,600 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,264 |
| Continuing-generation students | $6,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,000 |
| Independent students | $9,500 |
These indicators are derived from the underlying debt data and summarize the overall picture at NCMC.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at NCMC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4613 |
| Total Stafford loan amount | $54,637,728 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $41,718 |
| Average GI Bill amount per recipient | $4,635 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $12,715 |
| Average DoD amount per recipient | $4,238 |
References
More about our data sources and methodologies.