by our College Data Analytics TeamA large number 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 cost of going to Northeast Alabama Community College can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financing solutions does Northeast deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Northeast Alabama Community College.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Among first-time, full-time freshmen at Northeast Alabama Community College, 93% of the incoming full-time class was awarded financial aid roughly 350 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $7,271 |
| Institutional grants & scholarships | 49% | $3,510 |
| Federal Pell grants | 66% | $7,007 |
| State/local grants | 10% | $805 |
| Federal student loans | 16% | $3,212 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Northeast, about 45% of the undergraduate population received grant aid that averaged $5,670 (across roughly 1296 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 45% | $5,670 |
| Federal Pell grants | 34% | $5,671 |
| Federal student loans | 12% | $3,642 |
On-campus students receiving title-IV aid were awarded grants averaging $8,864.
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 | $566 |
| $30,001 – $75,000 | $2,238 |
| Over $75,000 | $8,669 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $2,756 |
| Off-campus title-IV students | $1,612 |
To project your own net price, use Northeast’s net price calculator: [www.nacc.edu/Content/Uploads/NACC/files/Financial Aid/net-price-calc/npcalc.html](https://www.nacc.edu/Content/Uploads/NACC/files/Financial Aid/net-price-calc/npcalc.html).
The median federal debt load at Northeast comes to $4,400 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $4,400 |
| Median federal debt (graduates only) | $6,100 |
| Typical 10-year monthly payment (graduates) | $64.67/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at Northeast.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,100 |
| 25th percentile | $1,750 |
| 75th percentile | $5,750 |
| 90th percentile (highest-debt students) | $9,200 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $3,500 |
| Middle income | $3,500 |
| High income | $5,850 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,913 |
| Continuing-generation students | $4,710 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,394 |
| Independent students | $4,450 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Northeast.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The annual Stafford volume below reflects program activity at Northeast:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3220 |
| Total Stafford loan amount | $17,987,883 |
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 | 32 |
| Total GI Bill amount | $89,229 |
| Average GI Bill amount per recipient | $2,788 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.