by our College Data Analytics TeamMost students are not billed 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 price tag of going to Northeast Wisconsin Technical College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can NWTC provide, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to learn what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Northeast Wisconsin Technical 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. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Northeast Wisconsin Technical College, 60% of new full-time first-years were awarded at least some aid (about 302 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $5,764 |
| Institutional grants & scholarships | 29% | $1,443 |
| Federal Pell grants | 36% | $5,454 |
| State/local grants | 35% | $1,899 |
| Federal student loans | 18% | $5,068 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At NWTC, around 28% of undergraduates were awarded an average grant or scholarship of $4,705 (among about 3031 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 28% | $4,705 |
| Federal Pell grants | 18% | $4,215 |
| Federal student loans | 11% | $5,956 |
For students living on campus and receiving title-IV aid, grants averaged $5,518.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $8,067 |
| $30,001 – $75,000 | $10,273 |
| Over $75,000 | $15,015 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $9,918 |
| Off-campus title-IV students | $10,506 |
For a customized cost estimate, visit NWTC’s online cost calculator: www.nwtc.edu/NWTC/media/admissions/financial-aid/net-price-calculator/.
The median student at NWTC graduates with $8,887 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,887 |
| Median federal debt (graduates only) | $11,719 |
| Typical 10-year monthly payment (graduates) | $124.24/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at NWTC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,795 |
| 25th percentile | $3,500 |
| 75th percentile | $14,384 |
| 90th percentile (highest-debt students) | $24,275 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $8,249 |
| High income | $7,750 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,000 |
| Continuing-generation students | $8,076 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $6,250 |
| Independent students | $10,562 |
A handful of calculated indicators summarize the debt outlook at NWTC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at NWTC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 20635 |
| Total Stafford loan amount | $271,947,007 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 124 |
| Total GI Bill amount | $305,964 |
| Average GI Bill amount per recipient | $2,467 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 5 |
| Total DoD amount | $8,538 |
| Average DoD amount per recipient | $1,708 |
References
More about our data sources and methodologies.