Scholarships, Grants, and Loan Trends at NTC

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 2,132, which is 41.44 % of all undergraduate students. 1,361 students which is 27.56% of undergraduate students received federal student loans and the average loan amount is $4,170.
For full-time, first-time beginning students (freshmen), 67.22% of students received grants or scholarships and 47% 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 Northcentral Technical College since 2013.
For that period, the average number of students who received grants aid/scholarships is 2,132, which is 41.44 % of all undergraduate students. 1,361 students which is 27.56% of undergraduate students received federal student loans and the average loan amount is $4,170.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,252 (51%)$4,1222,022 (46%)$3,5491,904 (43%)$4,584
2014-152,232 (51%)$3,9861,988 (45%)$3,4631,839 (42%)$4,441
2015-162,095 (47%)$3,8421,803 (40%)$3,3601,622 (36%)$4,214
2016-171,860 (44%)$3,8691,561 (37%)$3,3761,423 (34%)$4,142
2017-181,761 (34%)$3,9381,480 (29%)$3,4241,324 (26%)$3,961
2018-191,704 (27%)$3,9181,359 (21%)$3,4111,150 (18%)$3,999
2019-201,726 (28%)$4,0141,297 (21%)$3,4361,106 (18%)$4,034
2020-211,924 (32%)$3,5291,183 (20%)$3,4601,016 (17%)$4,208
2021-223,637 (59%)$3,9991,108 (18%)$3,695861 (14%)$3,948
Average2,132 (41.44%)$3,9131,533 (30.78%)$3,4641,361 (27.56%)$4,170

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

For the last 10 years, on average, 211 (67.22 % of students) received grants or scholarships and its average amount is $5,058. It can cover 90.08% of tuition & fees ($5,615) based on out-of-state rate.
In addition, 158 (47.44 % of students) students get helped from the students loans (average amount : $4,220).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14330 (68%)$5,029297 (61%)$4,713
2014-15265 (67%)$4,651249 (63%)$4,365
2015-16226 (61%)$4,352190 (51%)$4,298
2016-17202 (60%)$4,236153 (45%)$4,057
2017-18165 (57%)$5,086130 (45%)$3,730
2018-19134 (60%)$4,68299 (44%)$3,857
2019-20194 (65%)$4,665128 (43%)$4,094
2020-21165 (67%)$4,43197 (39%)$4,467
2021-22221 (100%)$8,38879 (36%)$4,402
Average211 (67.22%)$5,058158 (47.44%)$4,220
*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, 173 (52.44 % of students) received Pell (federal) grants and its average amount is $4,175.
In addition, 122 students received State/local government grants/scholarships (39.11 % 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
2013-14322 (66%)$4,25734 (7%)$2,505151 (31%)$1,346--
2014-15255 (64%)$4,09733 (8%)$1,288130 (33%)$1,117--
2015-16207 (55%)$3,79319 (5%)$1,457154 (41%)$1,109--
2016-17166 (49%)$3,91726 (8%)$1,708113 (33%)$1,11638 (11%)$919
2017-18144 (50%)$4,48224 (8%)$2,102113 (39%)$1,10028 (10%)$680
2018-19113 (51%)$4,11234 (15%)$1,036107 (48%)$1,00828 (13%)$703
2019-20148 (50%)$4,04095 (32%)$1,476137 (46%)$1,06136 (12%)$597
2020-21106 (43%)$4,342123 (50%)$976104 (42%)$1,24333 (13%)$654
2021-2297 (44%)$4,535221 (100%)$5,86586 (39%)$1,07030 (14%)$855
Average173 (52.44%)$4,17568 (25.89%)$2,046122 (39.11%)$1,13032 (12.17%)$735
*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, 158 (47.44 % of students) get any students loan help and its average loan amount is $158.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14297 (61%)$4,713297 (61%)$4,713--
2014-15249 (63%)$4,365249 (63%)$4,365--
2015-16190 (51%)$4,298190 (51%)$4,298--
2016-17153 (45%)$4,057153 (45%)$4,057--
2017-18130 (45%)$3,730130 (45%)$3,730--
2018-1999 (44%)$3,85799 (44%)$3,857--
2019-20128 (43%)$4,094128 (43%)$4,094--
2020-2197 (39%)$4,46797 (39%)$4,467--
2021-2279 (36%)$4,40279 (36%)$4,402--
Average158 (47.44%)$4,220158 (47.44%)$4,220--
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