by our College Data Analytics TeamA large number 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 total cost of going to Northwest College of Art & Design can seem overwhelming, but bear in mind that many students are given some form of financial aid.
Just what financial aid solutions can NCAD provide, and just what are you going to be eligible for? Keep reading for answers. Read on to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Northwest College of Art & Design.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at Northwest College of Art & Design, 95% of first-time, full-time freshmen received some form of financial aid some 52 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 87% | $14,406 |
| Institutional grants & scholarships | 29% | $1,144 |
| Federal Pell grants | 73% | $6,413 |
| State/local grants | 85% | $8,866 |
| Federal student loans | 71% | $5,675 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at NCAD, some 77% of undergraduates were awarded grant or scholarship aid averaging $12,561 (covering around 115 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 77% | $12,561 |
| Federal Pell grants | 51% | $5,972 |
| Federal student loans | 48% | $6,760 |
Title-IV recipients living on campus saw average grant aid of $13,620.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $15,526 |
| $30,001 – $75,000 | $19,956 |
| Over $75,000 | $29,074 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $16,418 |
| Off-campus title-IV students | $20,185 |
To get a personalized net price estimate, try NCAD’s net price tool: ncad.edu/disclosures/#1561141159108-5e22b3ce-c0bb.
The median federal debt load at NCAD comes to $29,030 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $29,030 |
| Median federal debt (graduates only) | $30,750 |
| Typical 10-year monthly payment (graduates) | $326.0/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. The four reference points below map the debt distribution at NCAD.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $18,438 |
| 75th percentile | $32,250 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Middle income | $30,750 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $30,525 |
| Continuing-generation students | $29,000 |
A handful of calculated indicators summarize the debt outlook at NCAD.
Stafford loans are the federal government’s primary direct undergraduate lending program. These figures summarize annual Stafford program activity at NCAD:
| Metric | Value |
|---|---|
| Stafford loan recipients | 519 |
| Total Stafford loan amount | $13,245,179 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 5 |
| Total GI Bill amount | $81,400 |
| Average GI Bill amount per recipient | $16,280 |
References
More about our data sources and methodologies.