by our College Data Analytics TeamThe majority of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The price tag of going to NorthWest Arkansas Community College can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
What financial aid options can NWACC offer, and what will you qualify for? Keep reading for more information. Keep reading to learn just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from NorthWest Arkansas Community College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
At NorthWest Arkansas Community College, 63% of entering full-time freshmen got some type of financial assistance around 464 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 59% | $4,541 |
| Institutional grants & scholarships | 1% | $1,518 |
| Federal Pell grants | 44% | $5,386 |
| State/local grants | 26% | $955 |
| Federal student loans | 17% | $4,638 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at NWACC, about 56% of undergraduates were awarded an average grant or scholarship of $2,299 (among about 4405 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 56% | $2,299 |
| Federal Pell grants | 23% | $4,557 |
| Federal student loans | 11% | $5,885 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,961.
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 | $4,304 |
| $30,001 – $75,000 | $6,071 |
| Over $75,000 | $9,647 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $7,196 |
| Off-campus title-IV students | $5,719 |
To get a personalized net price estimate, try NWACC’s net price tool: www.nwacc.edu/_documents/finaid/index.html.
A typical borrower at NWACC leaves with $5,500 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $9,506 |
| Typical 10-year monthly payment (graduates) | $100.78/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at NWACC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,750 |
| 25th percentile | $2,750 |
| 75th percentile | $12,500 |
| 90th percentile (highest-debt students) | $24,000 |
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 | $6,500 |
| Middle income | $5,500 |
| High income | $5,250 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,420 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,000 |
| Independent students | $9,267 |
The figure below distills the debt data into a single burden category for NWACC.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at NWACC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14866 |
| Total Stafford loan amount | $195,224,393 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 154 |
| Total GI Bill amount | $551,432 |
| Average GI Bill amount per recipient | $3,581 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 3 |
| Total DoD amount | $3,989 |
| Average DoD amount per recipient | $1,330 |
References
More about our data sources and methodologies.