The majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
What financial aid options does North Central State College offer, and what will you qualify for? Keep scrolling for answers.
$4,380.00 is the typical North Central State College’s first year financial aid package. 94% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at North Central State College.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers below apply to scholarships and grants primarily provided by North Central State College.
30% of first-year students (94 total) were offered scholarships at North Central State College, averaging $3,046.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 59% of first years (184 total) were awarded federal grant aid, averaging $3,877.00 each.
The table below demonstrates scholarship and grant allocations by income level for freshmen receiving any type of federal Title IV assistance, which includes Federal PLUS loans.
Income Level | Percent of Freshman | Average Assistance |
---|---|---|
Income 0-30k | 24.84% | $5,555.00 |
Income 30k-48k | 11.78% | $4,869.00 |
Income 48k-75k | 18.15% | $3,321.00 |
Income 75k-110k | 4.14% | $1,369.00 |
Income 110k + | 4.46% | $1,436.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 314 undergraduate students at North Central State College around 94% (265 total) receive some form of grant aid. The typical amount awarded was $4,380.00.The largest share of which are in the guise of Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.