How Northern Technical's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Northern Technical College since 2017.

For that period, the average number of students who received grants aid/scholarships is 24, which is 61.60 % of all undergraduate students. 23 students which is 59.60% of undergraduate students received federal student loans and the average loan amount is $10,377.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2017-18	27 (100%)	$6,486	13 (48%)	$5,539	25 (93%)	$11,694
2018-19	25 (81%)	$5,516	25 (81%)	$5,516	23 (74%)	$9,418
2019-20	30 (57%)	$5,782	30 (57%)	$5,782	30 (57%)	$10,440
2020-21	14 (27%)	$6,039	14 (27%)	$6,039	16 (31%)	$9,961
2021-22	23 (43%)	$6,057	23 (43%)	$6,057	23 (43%)	$10,372
Average	24 (61.60%)	$5,976	21 (51.20%)	$5,787	23 (59.60%)	$10,377

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

Overview

For the last 6 years, on average, 11 (72.20 % of students) received grants or scholarships and its average amount is $6,169. It can cover 34.28% of tuition & fees ($17,995).

In addition, 11 (80.20 % of students) students get helped from the students loans (average amount : $10,536).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2017-18	10 (100%)	$5,920	10 (100%)	$10,207
2018-19	14 (82%)	$6,077	15 (88%)	$10,827
2019-20	19 (83%)	$6,008	19 (83%)	$11,632
2020-21	3 (38%)	$6,345	5 (63%)	$9,272
2021-22	7 (58%)	$6,495	8 (67%)	$10,741
Average	11 (72.20%)	$6,169	11 (80.20%)	$10,536

^*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.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 6 years, on average, 11 (72.20 % of students) received Pell (federal) grants and its average amount is $6,169.

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2017-18	10 (100%)	$5,920	-	-	-	-	-	-
2018-19	14 (82%)	$6,077	-	-	-	-	-	-
2019-20	19 (83%)	$6,008	-	-	-	-	-	-
2020-21	3 (38%)	$6,345	-	-	-	-	-	-
2021-22	7 (58%)	$6,495	-	-	-	-	-	-
Average	11 (72.20%)	$6,169	-	-	-	-	-	-

^*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..

Student Loans

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 6 years, on average, 11 (80.20 % of students) get any students loan help and its average loan amount is $11.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2017-18	10 (100%)	$10,207	10 (100%)	$10,207	-	-
2018-19	15 (88%)	$10,827	15 (88%)	$10,827	-	-
2019-20	19 (83%)	$11,632	19 (83%)	$11,632	-	-
2020-21	5 (63%)	$9,272	5 (63%)	$9,272	-	-
2021-22	8 (67%)	$10,741	8 (67%)	$10,741	-	-
Average	11 (80.20%)	$10,536	11 (80.20%)	$10,536	-	-

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Scholarships, Grants, and Loan Trends at Northern Technical

All Undergraduate Students Financial Aid Over Time

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