by our College Data Analytics TeamA large number of students will not be asked to pay the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Northeast Lakeview College can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financing solutions does Northeast Lakeview College provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to find out how much school funding will be available to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Continue reading to find information to help you understand just how much assistance you can expect to receive from Northeast Lakeview 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.
At Northeast Lakeview College, 84% of entering full-time freshmen got some type of financial assistance around 636 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $5,415 |
| Institutional grants & scholarships | 11% | $2,437 |
| Federal Pell grants | 44% | $5,980 |
| State/local grants | 61% | $2,583 |
| Federal student loans | 4% | $5,463 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, around 36% of undergraduates were awarded an average grant or scholarship of $4,418 (covering around 2953 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 36% | $4,418 |
| Federal Pell grants | 20% | $5,136 |
| Federal student loans | 2% | $5,905 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $7,014.
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 | $3,831 |
| $30,001 – $75,000 | $5,303 |
| Over $75,000 | $9,489 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $5,029 |
| Off-campus title-IV students | $4,582 |
For a personalized estimate based on your family’s financial situation, use Northeast Lakeview College’s online cost calculator: apps.highered.texas.gov/net-price-calculator/.
The middle student in the debt distribution at Northeast Lakeview College owes $5,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $6,000 |
| Middle income | $5,500 |
| High income | $4,950 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,051 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,000 |
| Independent students | $8,000 |
A handful of calculated indicators summarize the debt outlook at Northeast Lakeview College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Northeast Lakeview College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 799 |
| Total Stafford loan amount | $5,397,186 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 615 |
| Total GI Bill amount | $1,527,643 |
| Average GI Bill amount per recipient | $2,484 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 61 |
| Total DoD amount | $20,883 |
| Average DoD amount per recipient | $342 |
References
More about our data sources and methodologies.