Scholarships, Grants, and Loan Trends at NCC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,559, which is 96.11 % of all undergraduate students. 1,760 students which is 65.89% of undergraduate students received federal student loans and the average loan amount is $6,853.
For full-time, first-time beginning students (freshmen), 99.78% of students received grants or scholarships and 70% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at North Central College since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,559, which is 96.11 % of all undergraduate students. 1,760 students which is 65.89% of undergraduate students received federal student loans and the average loan amount is $6,853.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,599 (93%)$16,755718 (26%)$3,7911,942 (69%)$7,206
2014-152,603 (94%)$17,821696 (25%)$3,9351,948 (70%)$7,204
2015-162,596 (95%)$19,650695 (25%)$4,1851,918 (70%)$6,934
2016-172,590 (95%)$20,963669 (25%)$4,0351,880 (69%)$6,837
2017-182,651 (96%)$22,298734 (27%)$4,1651,823 (66%)$6,761
2018-192,612 (97%)$23,575755 (28%)$4,2441,736 (65%)$6,685
2019-202,557 (98%)$24,523672 (26%)$4,3721,646 (63%)$6,715
2020-212,454 (99%)$26,135625 (25%)$4,5541,511 (61%)$6,729
2021-222,367 (98%)$26,715627 (26%)$4,7791,434 (60%)$6,606
Average2,559 (96.11%)$22,048688 (25.89%)$4,2291,760 (65.89%)$6,853

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 558 (99.78 % of students) received grants or scholarships and its average amount is $24,859. It can cover 56.00% of tuition & fees ($44,394).
In addition, 390 (69.56 % of students) students get helped from the students loans (average amount : $7,923).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14525 (99%)$20,032389 (74%)$8,017
2014-15573 (100%)$21,651437 (76%)$8,097
2015-16597 (100%)$22,470439 (73%)$7,496
2016-17586 (99%)$23,128428 (73%)$7,601
2017-18599 (100%)$24,670410 (68%)$7,409
2018-19548 (100%)$25,870386 (70%)$7,831
2019-20556 (100%)$26,466377 (68%)$8,180
2020-21532 (100%)$28,670329 (62%)$7,832
2021-22505 (100%)$30,776315 (62%)$8,843
Average558 (99.78%)$24,859390 (69.56%)$7,923
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 148 (26.22 % of students) received Pell (federal) grants and its average amount is $4,290.
In addition, 175 students received State/local government grants/scholarships (31.11 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14145 (27%)$3,82535 (7%)$1,283180 (34%)$4,509524 (99%)$17,377
2014-15152 (26%)$4,08244 (8%)$1,280178 (31%)$4,572573 (100%)$19,050
2015-16179 (30%)$4,21761 (10%)$1,162206 (34%)$4,480597 (100%)$19,541
2016-17148 (25%)$4,17147 (8%)$1,185186 (32%)$4,407586 (99%)$20,581
2017-18155 (26%)$4,23054 (9%)$1,247200 (33%)$4,595599 (100%)$21,928
2018-19177 (32%)$4,537--200 (36%)$4,508548 (100%)$22,759
2019-20128 (23%)$4,342--152 (27%)$4,906556 (100%)$24,125
2020-21122 (23%)$4,453463 (87%)$519154 (29%)$5,160532 (100%)$25,703
2021-22123 (24%)$4,754491 (97%)$1,440120 (24%)$5,318504 (100%)$27,007
Average148 (26.22%)$4,290171 (32.29%)$1,159175 (31.11%)$4,717558 (99.78%)$22,008
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students..
The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 390 (69.56 % of students) get any students loan help and its average loan amount is $390.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14389 (74%)$8,017389 (74%)$5,739162 (31%)$5,470
2014-15437 (76%)$8,097431 (75%)$5,793184 (32%)$5,662
2015-16439 (73%)$7,496431 (72%)$5,537181 (30%)$4,998
2016-17428 (73%)$7,601421 (71%)$5,409154 (26%)$6,340
2017-18410 (68%)$7,409404 (67%)$5,313167 (28%)$5,335
2018-19386 (70%)$7,831380 (69%)$5,371165 (30%)$5,950
2019-20377 (68%)$8,180377 (68%)$5,233166 (30%)$6,694
2020-21329 (62%)$7,832318 (60%)$5,156134 (25%)$6,992
2021-22315 (62%)$8,843307 (61%)$5,318150 (30%)$7,686
Average390 (69.56%)$7,923384 (68.56%)$5,430163 (29.11%)$6,125
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