How NMC'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 Northwestern Michigan College since 2013.

For that period, the average number of students who received grants aid/scholarships is 2,238, which is 57.44 % of all undergraduate students. 1,173 students which is 29.11% of undergraduate students received federal student loans and the average loan amount is $5,739.

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
2013-14	2,667 (56%)	$4,058	1,893 (40%)	$3,327	1,741 (37%)	$5,808
2014-15	2,338 (52%)	$3,646	1,698 (38%)	$3,285	1,588 (35%)	$5,940
2015-16	2,194 (51%)	$4,219	1,491 (35%)	$3,236	1,401 (33%)	$5,869
2016-17	2,057 (49%)	$4,694	1,319 (32%)	$3,971	1,292 (31%)	$5,651
2017-18	1,978 (50%)	$4,748	1,275 (32%)	$3,368	1,157 (29%)	$5,413
2018-19	1,807 (48%)	$4,644	1,136 (30%)	$3,427	968 (26%)	$5,679
2019-20	2,012 (56%)	$4,732	1,127 (32%)	$3,471	936 (26%)	$5,728
2020-21	2,095 (64%)	$4,258	944 (29%)	$3,362	744 (23%)	$5,775
2021-22	2,996 (91%)	$4,064	1,005 (30%)	$3,482	731 (22%)	$5,786
Average	2,238 (57.44%)	$4,340	1,321 (33.11%)	$3,437	1,173 (29.11%)	$5,739

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

Overview

For the last 10 years, on average, 326 (69.78 % of students) received grants or scholarships and its average amount is $5,570. It can cover 43.65% of tuition & fees ($12,762) based on out-of-state rate.

In addition, 161 (33.78 % of students) students get helped from the students loans (average amount : $6,617).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	399 (70%)	$4,966	222 (39%)	$5,959
2014-15	352 (65%)	$4,766	241 (45%)	$6,513
2015-16	325 (66%)	$5,456	182 (37%)	$6,218
2016-17	252 (60%)	$5,480	152 (36%)	$6,510
2017-18	303 (64%)	$6,005	153 (33%)	$7,673
2018-19	276 (59%)	$6,485	148 (32%)	$7,503
2019-20	353 (71%)	$6,331	155 (31%)	$6,502
2020-21	296 (75%)	$5,414	82 (21%)	$6,797
2021-22	378 (98%)	$5,228	115 (30%)	$5,882
Average	326 (69.78%)	$5,570	161 (33.78%)	$6,617

^*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 10 years, on average, 220 (46.11 % of students) received Pell (federal) grants and its average amount is $4,268.

In addition, 132 students received State/local government grants/scholarships (28.33 % of students).

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
2013-14	324 (57%)	$4,183	36 (6%)	$1,367	138 (24%)	$2,824	136 (24%)	$1,378
2014-15	258 (48%)	$4,105	35 (6%)	$443	127 (23%)	$3,197	131 (24%)	$1,502
2015-16	255 (51%)	$4,065	56 (11%)	$1,336	136 (27%)	$3,483	136 (27%)	$1,382
2016-17	165 (39%)	$4,363	36 (9%)	$2,360	113 (27%)	$3,521	113 (27%)	$1,576
2017-18	222 (47%)	$4,236	38 (8%)	$3,088	126 (27%)	$3,990	122 (26%)	$2,124
2018-19	218 (47%)	$4,267	39 (8%)	$710	125 (27%)	$4,101	111 (24%)	$2,878
2019-20	238 (48%)	$4,381	107 (22%)	$1,805	173 (35%)	$4,071	190 (38%)	$1,551
2020-21	154 (39%)	$4,252	206 (52%)	$1,342	125 (32%)	$3,750	169 (43%)	$1,200
2021-22	150 (39%)	$4,563	374 (97%)	$1,258	127 (33%)	$4,188	194 (50%)	$1,492
Average	220 (46.11%)	$4,268	103 (24.33%)	$1,523	132 (28.33%)	$3,681	145 (31.44%)	$1,676

^*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 10 years, on average, 161 (33.78 % of students) get any students loan help and its average loan amount is $161.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	222 (39%)	$5,959	220 (38%)	$5,368	8 (1%)	$17,740
2014-15	241 (45%)	$6,513	239 (44%)	$5,067	16 (3%)	$22,417
2015-16	182 (37%)	$6,218	177 (36%)	$4,938	13 (3%)	$19,818
2016-17	152 (36%)	$6,510	147 (35%)	$4,632	12 (3%)	$25,718
2017-18	153 (33%)	$7,673	148 (31%)	$4,800	17 (4%)	$27,267
2018-19	148 (32%)	$7,503	142 (31%)	$4,758	18 (4%)	$24,163
2019-20	155 (31%)	$6,502	152 (31%)	$4,456	26 (5%)	$12,708
2020-21	82 (21%)	$6,797	81 (20%)	$5,084	8 (2%)	$18,193
2021-22	115 (30%)	$5,882	114 (30%)	$4,703	12 (3%)	$11,690
Average	161 (33.78%)	$6,617	158 (32.89%)	$4,867	14 (3.11%)	$19,968

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Scholarships, Grants, and Loan Trends at NMC

All Undergraduate Students Financial Aid Over Time

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