by our College Data Analytics TeamA large number of students will not be asked to pay 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-West College - Pomona can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial aid options can NWC Pomona offer, and what will you qualify for? Keep reading for more information. Read on to discover what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from North-West College - Pomona.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At North-West College - Pomona, 94% of entering full-time freshmen got some type of financial assistance roughly 149 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $4,908 |
| Institutional grants & scholarships | 1% | $4,000 |
| Federal Pell grants | 94% | $4,671 |
| State/local grants | 4% | $1,600 |
| Federal student loans | 94% | $5,625 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at NWC Pomona, about 70% of undergraduates were awarded an average grant or scholarship of $4,252 (across roughly 377 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $4,252 |
| Federal Pell grants | 65% | $2,875 |
| Federal student loans | 75% | $5,280 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,261.
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 | $32,842 |
| $30,001 – $75,000 | $33,126 |
| Over $75,000 | $34,747 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $30,851 |
| Off-campus title-IV students | $33,256 |
To get a personalized net price estimate, try NWC Pomona’s online cost calculator: nw.edu/ecamp/npc-nwc/npcalc.htm.
The middle student in the debt distribution at NWC Pomona owes $9,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $9,500 |
| Typical 10-year monthly payment (graduates) | $100.72/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at NWC Pomona.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,257 |
| 25th percentile | $5,500 |
| 75th percentile | $14,345 |
| 90th percentile (highest-debt students) | $18,845 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $9,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,500 |
| Independent students | $9,500 |
The figure below distills the debt data into a single burden category for NWC Pomona.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at NWC Pomona:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10755 |
| Total Stafford loan amount | $100,450,807 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 4 |
| Total GI Bill amount | $46,366 |
| Average GI Bill amount per recipient | $11,592 |
References
More about our data sources and methodologies.