by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Interested in understanding the financial aid resources available at Northeast and your eligibility? Find the answers you seek below.
Northeast Alabama Community College average financial aid offer for freshmen students is $5,849.00. About 92% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Northeast Alabama Community 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 listed below make reference to help that is offered by Northeast Alabama Community College.
20% of new students (88 total) were given scholarships at Northeast Alabama Community College, averaging $4,566.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 70% of freshman students (304 total) obtained federal grant aid, averaging $5,279.00 a piece.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 42.17% | $6,294.00 |
| Income 30k-48k | 15.90% | $5,711.00 |
| Income 48k-75k | 10.83% | $4,068.00 |
| Income 75k-110k | 1.15% | $528.00 |
| Income 110k + | 0.00% | $0.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
Of the 434 undergraduate students at Northeast Alabama Community College around 92% (345 total) receive some form of grant aid. The typical amount awarded was $5,849.00.The bulk of which are 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.