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Northcentral Technical College Financial Aid & Scholarships

71% Freshmen Get Financial Aid
$4,286 Average Grant & Scholarship
24% Undergrads Get Grant Aid

The majority of students are not billed 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 price of attendance at Northcentral Technical College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financial aid options can North Central Technical College offer, 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 Central Technical College Aid Information

Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at Northcentral Technical College.

What First Years Receive at Northcentral Technical College

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.

For incoming first-year students at Northcentral Technical College, 71% of the incoming full-time class was awarded financial aid (about 184 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)60%$4,657
Institutional grants & scholarships24%$974
Federal Pell grants40%$4,925
State/local grants38%$1,497
Federal student loans26%$3,632

Grant Aid for Undergraduates at Northcentral Technical College

The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, roughly 24% of undergrads got grants or scholarships worth on average $4,286 (across approximately 1426 recipients).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)24%$4,286
Federal Pell grants19%$3,950
Federal student loans14%$3,979

For on-campus title-IV students, average grant aid came to $5,465.

How Cost Varies by Income at Northcentral Technical College

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$11,541
$30,001 – $75,000$10,733
Over $75,000$15,346

Each figure is the net price after grants and scholarships, not the published sticker price.

The Real Cost of Attending Northcentral Technical College

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.

CohortAverage Net Price
On-campus title-IV students$10,303
Off-campus title-IV students$11,555

To get a personalized net price estimate, try North Central Technical College’s online cost calculator: webfiles.ntc.edu/net-price-calculator/npcalc.html.

What Students Owe at Northcentral Technical College

The median student at North Central Technical College graduates with $5,250 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$5,250
Median federal debt (graduates only)$7,500
Typical 10-year monthly payment (graduates)$79.51/mo

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

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at North Central Technical College.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,750
25th percentile$2,250
75th percentile$10,000
90th percentile (highest-debt students)$17,563

Student Debt by Cohort at Northcentral Technical College

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

Median Debt by Income Bracket

Income tierMedian federal debt
Low income$5,250
Middle income$5,250
High income$5,000

First-Generation Comparison

CohortMedian federal debt
First-generation students$5,250
Continuing-generation students$5,019

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$4,723
Independent students$5,490

Is the Debt Manageable?

These indicators are derived from the underlying debt data and summarize the overall picture at North Central Technical College.

Stafford Loan Activity at Northcentral Technical College

The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at North Central Technical College:

MetricValue
Stafford loan recipients10726
Total Stafford loan amount$100,594,312

Veterans Benefits at Northcentral Technical College

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 activity

MetricValue
GI Bill recipients67
Total GI Bill amount$160,868
Average GI Bill amount per recipient$2,401

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients5
Total DoD amount$8,503
Average DoD amount per recipient$1,701

More Financial Aid Resources from Northcentral Technical College

References

More about our data sources and methodologies.

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