by our College Data Analytics TeamMany 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 total price of attendance at Northeast State Community College can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Northeast State Technical Community College offer you, and what will you qualify for? Read on for more information. Keep reading to see just how much financial aid could be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Northeast State Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
At Northeast State Community College, 96% of the incoming full-time class was awarded financial aid roughly 957 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $7,518 |
| Institutional grants & scholarships | 6% | $1,691 |
| Federal Pell grants | 63% | $5,523 |
| State/local grants | 93% | $3,826 |
| Federal student loans | 0% | — |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Northeast State Technical Community College, roughly 88% of undergraduates were awarded grant or scholarship aid averaging $4,536 (for some 4831 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $4,536 |
| Federal Pell grants | 36% | $4,812 |
| Federal student loans | 0% | — |
On-campus students receiving title-IV aid were awarded grants averaging $8,929.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,567 |
| $30,001 – $75,000 | $6,540 |
| Over $75,000 | $7,970 |
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 | $6,864 |
| Off-campus title-IV students | $5,959 |
For a customized cost estimate, visit Northeast State Technical Community College’s online cost calculator: apps.northeaststate.edu/netpricecalc/.
A typical borrower at Northeast State Technical Community College leaves with $3,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $3,500 |
| Median federal debt (graduates only) | $6,827 |
| Typical 10-year monthly payment (graduates) | $72.38/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Northeast State Technical Community College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,000 |
| 25th percentile | $1,750 |
| 75th percentile | $5,500 |
| 90th percentile (highest-debt students) | $9,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $3,500 |
| Middle income | $3,735 |
| High income | $2,750 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $3,859 |
| Continuing-generation students | $2,250 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $3,500 |
| Independent students | $3,815 |
The figure below distills the debt data into a single burden category for Northeast State Technical Community College.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Northeast State Technical Community College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5754 |
| Total Stafford loan amount | $42,818,490 |
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 | 68 |
| Total GI Bill amount | $171,585 |
| Average GI Bill amount per recipient | $2,523 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $513 |
| Average DoD amount per recipient | $513 |
References
More about our data sources and methodologies.