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Northwestern Technological Institute Financial Aid and Scholarship Details

86% Freshmen Get Financial Aid
$4,906 Average Grant & Scholarship
60% Undergrads Get Grant Aid

The majority of students are not billed 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 total cost of going to Northwestern Technological Institute can seem overwhelming, but bear in mind that many students are given some form of financial aid.

Just what financing solutions does Northwestern Technological Institute provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep scrolling to learn how much school funding will be available to you.

Why You Should Understand Northwestern Technological Institute Financial Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The figures below will help you estimate the aid you might receive from Northwestern Technological Institute.

Typical First Year Financial Aid at Northwestern Technological Institute

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. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

At Northwestern Technological Institute, 86% of new full-time first-years were awarded at least some aid some 575 students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)76%$5,205
Institutional grants & scholarships0%
Federal Pell grants76%$5,166
State/local grants1%$4,988
Federal student loans76%$5,947

Grant Aid for Undergraduates at Northwestern Technological Institute

Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Here, about 60% of undergraduates were awarded an average grant or scholarship of $4,906 (for some 691 awardees).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)60%$4,906
Federal Pell grants60%$4,833
Federal student loans60%$5,729

Among title-IV aid recipients living on campus, grant and scholarship aid averaged $4,643.

Aid by Income Level at Northwestern Technological Institute

How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.

Family IncomeAverage Net Price
$0 – $48,000$30,431
$30,001 – $75,000$31,691
Over $75,000$34,950

Remember these are net prices — what families pay after gift aid, not before.

What a Degree Really Costs at Northwestern Technological Institute

After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.

CohortAverage Net Price
On-campus title-IV students$34,423
Off-campus title-IV students$30,525

For an estimate tailored to your family circumstances, see Northwestern Technological Institute’s official net price calculator: northwesterntech.edu/net-price-calculator.html.

What Students Owe at Northwestern Technological Institute

A typical borrower at Northwestern Technological Institute leaves with $8,540 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$8,540
Median federal debt (graduates only)$9,500
Typical 10-year monthly payment (graduates)$100.72/mo

The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.

How Debt Is Distributed Across Students

The numbers below show the full range, not just the middle of the distribution. The percentiles below describe the cumulative federal debt distribution for borrowers at Northwestern Technological Institute.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$2,363
25th percentile$4,750
75th percentile$9,500
90th percentile (highest-debt students)$9,500

How Debt Outcomes Vary by Student Group at Northwestern Technological Institute

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Debt by Income Tier

Income tierMedian federal debt
Low income$8,917
Middle income$8,542
High income$5,500

First-Gen vs Continuing-Gen Median Debt

CohortMedian federal debt
First-generation students$8,563
Continuing-generation students$8,286

By Dependency Status

CohortMedian federal debt
Dependent students$5,500
Independent students$9,500

At-a-Glance Debt Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Northwestern Technological Institute.

Federal Stafford Lending at Northwestern Technological Institute

Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Northwestern Technological Institute:

MetricValue
Stafford loan recipients6188
Total Stafford loan amount$50,338,919

Military and Veterans Aid at Northwestern Technological Institute

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

MetricValue
GI Bill recipients36
Total GI Bill amount$260,287
Average GI Bill amount per recipient$7,230

More Financial Aid Resources from Northwestern Technological Institute

References

More about our data sources and methodologies.

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