by our College Data Analytics TeamMany students attending Northwest College can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
However, some types of financial aid are definitely more desireable than others, and some students will receive more aid than others.Find out more by scrolling down the page.
$5,990.00 is the typical Northwest College’s first year financial aid package. Financial aid is provided to about 94% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Northwest College.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
74% of incoming freshmen (200 total) were given scholarships at Northwest College, averaging $4,936.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 33% of first-year students (88 total) got a federal grant, for about $4,461.00 per person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 10.74% | $8,419.00 |
| Income 30k-48k | 6.30% | $7,812.00 |
| Income 48k-75k | 7.04% | $6,284.00 |
| Income 75k-110k | 4.44% | $5,277.00 |
| Income 110k + | 4.44% | $2,776.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 270 undergraduate students at Northwest College around 94% (247 total) receive some form of grant aid. The typical amount awarded was $5,990.00.
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.