Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 1,389, which is 47.11 % of all undergraduate students. 1,090 students which is 36.56% of undergraduate students received federal student loans and the average loan amount is $4,371.

For full-time, first-time beginning students (freshmen), 64.56% of students received grants or scholarships and 50% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Northwood Technical College since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,389, which is 47.11 % of all undergraduate students. 1,090 students which is 36.56% of undergraduate students received federal student loans and the average loan amount is $4,371.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-141,561 (46%)$4,0731,435 (42%)$3,6061,487 (44%)$3,791
2014-151,404 (46%)$4,0911,371 (45%)$3,4831,323 (43%)$3,700
2015-161,287 (44%)$4,1811,224 (42%)$3,4971,167 (40%)$4,486
2016-171,330 (45%)$4,0051,225 (42%)$3,3951,157 (39%)$4,413
2017-181,271 (42%)$4,2821,183 (39%)$3,5881,059 (35%)$4,456
2018-191,220 (41%)$4,4101,151 (39%)$3,615995 (34%)$4,404
2019-201,486 (52%)$4,3021,091 (38%)$3,713980 (34%)$4,638
2020-211,481 (53%)$4,338928 (33%)$3,688889 (32%)$4,735
2021-221,464 (55%)$5,515872 (33%)$3,776751 (28%)$4,713
Average1,389 (47.11%)$4,3551,164 (39.22%)$3,5961,090 (36.56%)$4,371
*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.

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

For the last 10 years, on average, 193 (64.56 % of students) received grants or scholarships and its average amount is $4,932. It can cover 74.93% of tuition & fees ($6,583) based on out-of-state rate.

In addition, 145 (49.56 % of students) students get helped from the students loans (average amount : $4,468).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14188 (59%)$4,587171 (53%)$3,861
2014-15162 (61%)$4,513153 (58%)$3,860
2015-16182 (63%)$4,668154 (53%)$4,469
2016-17163 (61%)$4,599152 (57%)$4,778
2017-18143 (63%)$4,774122 (54%)$4,674
2018-19156 (62%)$5,267120 (48%)$4,594
2019-20247 (66%)$5,199170 (46%)$4,615
2020-21251 (68%)$4,875159 (43%)$4,736
2021-22241 (78%)$5,910104 (34%)$4,625
Average193 (64.56%)$4,932145 (49.56%)$4,468
*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, 150 (51.22 % of students) received Pell (federal) grants and its average amount is $4,400.

In addition, 123 students received State/local government grants/scholarships (41.22 % 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
2013-14175 (55%)$4,05219 (6%)$576103 (32%)$1,27024 (8%)$481
2014-15145 (55%)$4,0949 (3%)$60089 (34%)$1,27632 (12%)$578
2015-16154 (53%)$4,29226 (9%)$531119 (41%)$1,21148 (17%)$638
2016-17139 (52%)$4,30825 (9%)$58899 (37%)$1,12942 (16%)$582
2017-18120 (53%)$4,46819 (8%)$55395 (42%)$1,17544 (19%)$556
2018-19146 (58%)$4,53621 (8%)$667116 (46%)$1,12129 (12%)$532
2019-20191 (51%)$4,55079 (21%)$944187 (50%)$1,58973 (20%)$596
2020-21154 (42%)$4,642184 (50%)$1,054158 (43%)$1,55892 (25%)$748
2021-22130 (42%)$4,659220 (71%)$2,510141 (46%)$1,51058 (19%)$922
Average150 (51.22%)$4,40067 (20.56%)$891123 (41.22%)$1,31549 (16.44%)$626
*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, 145 (49.56 % of students) get any students loan help and its average loan amount is $145.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14171 (53%)$3,861171 (53%)$3,861--
2014-15153 (58%)$3,860153 (58%)$3,860--
2015-16154 (53%)$4,469154 (53%)$4,469--
2016-17152 (57%)$4,778152 (57%)$4,778--
2017-18122 (54%)$4,674122 (54%)$4,674--
2018-19120 (48%)$4,594120 (48%)$4,594--
2019-20170 (46%)$4,615169 (45%)$4,5464 (1%)$4,082
2020-21159 (43%)$4,736159 (43%)$4,5475 (1%)$6,034
2021-22104 (34%)$4,625103 (33%)$4,6361 (0%)$3,500
Average145 (49.56%)$4,468145 (49.33%)$4,4413 (1.00%)$4,539

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