by our College Data Analytics TeamA large number of students will never be charged 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 total price of attendance at Northwest Mississippi Community College can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial aid options can NWCC offer, and what will you qualify for? Keep reading for more information. Keep reading to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Northwest Mississippi Community College.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
Looking at the entering class at Northwest Mississippi Community College, 83% of entering full-time freshmen got some type of financial assistance approximately 1163 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $5,898 |
| Institutional grants & scholarships | 33% | $2,729 |
| Federal Pell grants | 54% | $6,500 |
| State/local grants | 29% | $1,084 |
| Federal student loans | 15% | $3,899 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At NWCC, around 74% of undergraduates were awarded an average grant or scholarship of $4,080 (across approximately 5599 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $4,080 |
| Federal Pell grants | 30% | $6,072 |
| Federal student loans | 12% | $5,394 |
Title-IV recipients living on campus saw average grant aid of $5,946.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $6,421 |
| $30,001 – $75,000 | $7,755 |
| Over $75,000 | $10,062 |
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 | $7,911 |
| Off-campus title-IV students | $7,665 |
To project your own net price, use NWCC’s official net price calculator: northwestmsedu.finalsite.com/uploaded/Financial_Aid/npc/pzai5hcpj8dep58r9x4v.html.
The middle student in the debt distribution at NWCC owes $5,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $6,500 |
| Typical 10-year monthly payment (graduates) | $68.91/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. These percentiles trace how cumulative federal debt is spread among borrowers at NWCC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,300 |
| 25th percentile | $2,105 |
| 75th percentile | $8,250 |
| 90th percentile (highest-debt students) | $15,250 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $5,090 |
| Middle income | $5,500 |
| High income | $5,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $5,000 |
| Independent students | $9,250 |
The figure below distills the debt data into a single burden category for NWCC.
The Stafford loan program is the largest source of federal direct loans to undergraduates. Below is the annual Stafford program activity at NWCC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 15191 |
| Total Stafford loan amount | $108,173,263 |
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.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 34 |
| Total GI Bill amount | $111,686 |
| Average GI Bill amount per recipient | $3,285 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 5 |
| Total DoD amount | $10,170 |
| Average DoD amount per recipient | $2,034 |
References
More about our data sources and methodologies.