by our College Data Analytics TeamA lot of students will never be charged 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 Central Texas College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial aid options can NCTC offer you, and what will you qualify for? Keep reading for more information. Read on to find out how much school funding will be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from North Central Texas College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can 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 North Central Texas College, 68% of new full-time first-years were awarded at least some aid around 545 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 60% | $5,123 |
| Institutional grants & scholarships | 20% | $5,256 |
| Federal Pell grants | 33% | $3,193 |
| State/local grants | 30% | $2,721 |
| Federal student loans | 16% | $4,821 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at NCTC, roughly 53% of undergraduates were awarded grant or scholarship aid averaging $2,660 (across roughly 4026 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $2,660 |
| Federal Pell grants | 21% | $2,830 |
| Federal student loans | 20% | $5,893 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $3,613.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,623 |
| $30,001 – $75,000 | $6,066 |
| Over $75,000 | $9,745 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $6,587 |
| Off-campus title-IV students | $6,714 |
To get a personalized net price estimate, try NCTC’s NPC: apps.highered.texas.gov/apps/NPC/?Fice=003558.
The middle student in the debt distribution at NCTC owes $6,020 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,020 |
| Median federal debt (graduates only) | $11,250 |
| Typical 10-year monthly payment (graduates) | $119.27/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at NCTC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,250 |
| 75th percentile | $7,750 |
| 90th percentile (highest-debt students) | $13,266 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $7,045 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $6,500 |
| Continuing-generation students | $5,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,447 |
These indicators are derived from the underlying debt data and summarize the overall picture at NCTC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at NCTC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 16897 |
| Total Stafford loan amount | $135,956,865 |
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 | 168 |
| Total GI Bill amount | $491,242 |
| Average GI Bill amount per recipient | $2,924 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 4 |
| Total DoD amount | $5,405 |
| Average DoD amount per recipient | $1,351 |
References
More about our data sources and methodologies.