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Northeast Community College Financial Aid & Debt Outcomes

87% Freshmen Get Financial Aid
$3,706 Average Grant & Scholarship
49% Undergrads Get Grant Aid

The majority 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 price of attendance at Northeast Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.

What financing options does Northeast offer you, and what will you qualify for? Keep scrolling for more information. Read on to see just how much financial aid could be open to you.

Why You Should Understand Northeast Financial Aid Info

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Northeast Community College.

Financial Aid for First-Year Students at Northeast Community College

Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.

For freshmen starting at Northeast Community College, 87% of the incoming full-time class was awarded financial aid some 775 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)73%$5,720
Institutional grants & scholarships48%$2,400
Federal Pell grants39%$5,472
State/local grants32%$2,472
Federal student loans31%$4,608

Grant Aid for Undergraduates at Northeast Community College

Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At this school, approximately 49% of undergraduate students received gift aid averaging $3,706 (across roughly 2748 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)49%$3,706
Federal Pell grants16%$4,870
Federal student loans13%$4,997

On-campus students receiving title-IV aid were awarded grants averaging $5,893.

What Families Pay by Income at Northeast Community College

Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.

Family IncomeAverage Net Price
$0 – $48,000$6,087
$30,001 – $75,000$7,504
Over $75,000$12,334

The numbers above are post-aid net prices, so they already account for grants and scholarships.

The Real Cost of Attending Northeast Community College

The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.

CohortAverage Net Price
On-campus title-IV students$8,544
Off-campus title-IV students$8,812

To get a personalized net price estimate, try Northeast’s official net price calculator: northeast.edu/costs/calculator.

What Students Owe at Northeast Community College

The median student at Northeast graduates with $7,244 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$7,244
Median federal debt (graduates only)$11,000
Typical 10-year monthly payment (graduates)$116.62/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

The Range of Student Debt at this School

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The percentiles below describe the cumulative federal debt distribution for borrowers at Northeast.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$1,893
25th percentile$3,500
75th percentile$12,000
90th percentile (highest-debt students)$17,211

Debt Outcomes by Student Group at Northeast Community College

How much a student borrows depends heavily on family income, first-gen status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$7,554
Middle income$6,698
High income$7,500

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$7,383
Continuing-generation students$6,920

Dependent vs Independent Students

CohortMedian federal debt
Dependent students$6,500
Independent students$9,500

Is the Debt Manageable?

These indicators are derived from the underlying debt data and summarize the overall picture at Northeast.

Stafford Loan Activity at Northeast Community College

Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at Northeast:

MetricValue
Stafford loan recipients9670
Total Stafford loan amount$86,635,814

Military and Veterans Aid at Northeast Community College

Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients21
Total GI Bill amount$44,103
Average GI Bill amount per recipient$2,100

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients5
Total DoD amount$7,776
Average DoD amount per recipient$1,555

External Resources for Northeast Community College

References

More about our data sources and methodologies.

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