by our College Data Analytics TeamA large number of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Fort Hays State University-Northwest Kansas Technical College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial assistance solutions will NWKTC deliver, and just what are you going to be eligible for? Read on for answers. Read on to find out what amount of financial assistance will be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Read on to get a sense of the financial assistance available at Fort Hays State University-Northwest Kansas 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.
Among first-time, full-time freshmen at Fort Hays State University-Northwest Kansas Technical College, 91% of first-year full-time students received aid of some kind around 172 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $8,178 |
| Institutional grants & scholarships | 44% | $4,657 |
| Federal Pell grants | 58% | $5,765 |
| State/local grants | 17% | $5,755 |
| Federal student loans | 79% | $5,765 |
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 NWKTC, around 39% of undergraduates were awarded an average grant or scholarship of $8,247 (covering around 301 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 39% | $8,247 |
| Federal Pell grants | 24% | $5,764 |
| Federal student loans | 33% | $6,269 |
For on-campus title-IV students, average grant aid came to $9,266.
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 | $12,576 |
| $30,001 – $75,000 | $13,094 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $13,074 |
| Off-campus title-IV students | $12,222 |
For an estimate tailored to your family circumstances, see NWKTC’s official net price calculator: www.fhnw.edu/net-price-calculator.
A typical borrower at NWKTC leaves with $8,717 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $8,717 |
| Median federal debt (graduates only) | $12,000 |
| Typical 10-year monthly payment (graduates) | $127.22/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at NWKTC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $12,000 |
| 90th percentile (highest-debt students) | $16,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,750 |
| Middle income | $8,750 |
| High income | $8,163 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $8,875 |
| Continuing-generation students | $5,986 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,729 |
| Independent students | $9,625 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. NWKTC.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at NWKTC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2274 |
| Total Stafford loan amount | $19,379,171 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $8,750 |
| Average GI Bill amount per recipient | $8,750 |
References
More about our data sources and methodologies.