Scholarships, Grants, and Loan Trends at North Central

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 924, which is 83.89 % of all undergraduate students. 716 students which is 64.67% of undergraduate students received federal student loans and the average loan amount is $6,728.
For full-time, first-time beginning students (freshmen), 98.89% of students received grants or scholarships and 74% 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 University since 2013.
For that period, the average number of students who received grants aid/scholarships is 924, which is 83.89 % of all undergraduate students. 716 students which is 64.67% of undergraduate students received federal student loans and the average loan amount is $6,728.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,062 (82%)$8,907486 (37%)$4,088885 (68%)$7,068
2014-151,001 (84%)$10,417485 (41%)$4,058818 (68%)$7,168
2015-16985 (83%)$11,794434 (37%)$4,071797 (67%)$6,845
2016-17882 (82%)$12,711401 (37%)$4,146698 (65%)$6,832
2017-18875 (81%)$13,719386 (36%)$4,262688 (64%)$6,822
2018-19909 (84%)$14,325403 (37%)$4,307690 (64%)$6,742
2019-20930 (86%)$14,538403 (37%)$4,488707 (65%)$6,329
2020-21885 (88%)$14,788374 (37%)$4,854621 (62%)$6,327
2021-22785 (85%)$16,254377 (41%)$5,039544 (59%)$6,418
Average924 (83.89%)$13,050417 (37.78%)$4,368716 (64.67%)$6,728

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

For the last 10 years, on average, 214 (98.89 % of students) received grants or scholarships and its average amount is $13,726. It can cover 46.59% of tuition & fees ($29,460).
In addition, 162 (74.44 % of students) students get helped from the students loans (average amount : $7,742).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14243 (99%)$10,105198 (80%)$7,941
2014-15215 (99%)$11,787166 (76%)$7,704
2015-16217 (99%)$13,461171 (78%)$7,142
2016-17217 (100%)$12,146167 (77%)$8,249
2017-18199 (100%)$13,183158 (79%)$7,524
2018-19217 (99%)$14,857159 (72%)$8,052
2019-20242 (99%)$15,385184 (75%)$7,802
2020-21200 (97%)$15,128134 (65%)$7,327
2021-22178 (98%)$17,481123 (68%)$7,939
Average214 (98.89%)$13,726162 (74.44%)$7,742
*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, 90 (41.67 % of students) received Pell (federal) grants and its average amount is $4,410.
In addition, 68 students received State/local government grants/scholarships (31.22 % 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
2013-14102 (41%)$4,21234 (14%)$49367 (27%)$3,925242 (98%)$7,216
2014-15102 (47%)$4,08333 (15%)$47069 (32%)$4,300213 (98%)$8,476
2015-1687 (40%)$4,08226 (12%)$48171 (32%)$4,783217 (99%)$10,202
2016-1793 (43%)$3,98732 (15%)$48468 (31%)$5,411217 (100%)$8,670
2017-1870 (35%)$4,37826 (13%)$48161 (31%)$5,371199 (100%)$9,934
2018-1984 (38%)$4,29016 (7%)$93880 (36%)$5,283217 (99%)$11,180
2019-20108 (44%)$4,70319 (8%)$94778 (32%)$5,528234 (96%)$11,821
2020-2185 (41%)$4,80422 (11%)$91755 (27%)$5,821193 (94%)$11,797
2021-2283 (46%)$5,14724 (13%)$97960 (33%)$5,907174 (96%)$13,256
Average90 (41.67%)$4,41026 (12.00%)$68868 (31.22%)$5,148212 (97.78%)$10,284
*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, 162 (74.44 % of students) get any students loan help and its average loan amount is $162.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14198 (80%)$7,941196 (80%)$5,85539 (16%)$10,892
2014-15166 (76%)$7,704165 (76%)$5,88234 (16%)$9,071
2015-16171 (78%)$7,142169 (77%)$5,71132 (15%)$8,002
2016-17167 (77%)$8,249164 (75%)$5,63347 (22%)$9,653
2017-18158 (79%)$7,524155 (78%)$5,69729 (15%)$10,539
2018-19159 (72%)$8,052158 (72%)$5,57735 (16%)$11,402
2019-20184 (75%)$7,802182 (74%)$5,21842 (17%)$11,567
2020-21134 (65%)$7,327133 (65%)$5,02123 (11%)$13,650
2021-22123 (68%)$7,939120 (66%)$5,18124 (13%)$14,783
Average162 (74.44%)$7,742160 (73.67%)$5,53134 (15.67%)$11,062
Most Searched Minnesota Colleges (last 30 days)
Related Articles and Ads