by our College Data Analytics TeamMost students will not be asked to pay the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Northwest School of Wooden Boat Building can sound overwhelming, but bear in mind that many students get some type of financial aid.
What financial aid options can Northwest School of Wooden Boat Building offer, and what will you qualify for? Keep reading for more information. Read on to discover just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Northwest School of Wooden Boat Building.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
At Northwest School of Wooden Boat Building, 86% of new full-time first-years were awarded at least some aid roughly 6 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $9,570 |
| Institutional grants & scholarships | 43% | $4,659 |
| Federal Pell grants | 71% | $6,373 |
| State/local grants | 29% | $4,536 |
| Federal student loans | 57% | $7,856 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At this school, around 70% of undergraduates were awarded an average grant or scholarship of $9,761 (covering around 30 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 70% | $9,761 |
| Federal Pell grants | 28% | $6,446 |
| Federal student loans | 37% | $7,812 |
For students living on campus and receiving title-IV aid, grants averaged $10,284.
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 | $23,923 |
| $30,001 – $75,000 | $28,351 |
| Over $75,000 | $32,601 |
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 | $32,033 |
| Off-campus title-IV students | $25,795 |
To get a personalized net price estimate, try Northwest School of Wooden Boat Building’s net price tool: www.nwswb.edu/financial-aid/.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Northwest School of Wooden Boat Building.
| Percentile | Cumulative Federal Debt |
|---|---|
| 25th percentile | $7,667 |
| 75th percentile | $13,000 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Northwest School of Wooden Boat Building.
Stafford loans are the federal government’s primary direct undergraduate lending program. Below is the annual Stafford program activity at Northwest School of Wooden Boat Building:
| Metric | Value |
|---|---|
| Stafford loan recipients | 167 |
| Total Stafford loan amount | $1,536,787 |
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 | 8 |
| Total GI Bill amount | $129,407 |
| Average GI Bill amount per recipient | $16,176 |
References
More about our data sources and methodologies.