by our College Data Analytics TeamMany students attending Northwestern Michigan 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.
Discover the financial aid possibilities at NMC and learn what assistance you might qualify for by continuing to read.
Northwestern Michigan College average financial aid offer for freshmen students is $6,131.00. About 80% of first year students receive financial aid, most of which is in the form of loans.
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
A student loan isn’t a genuine college price reduction, but rather an additional cost consideration. Discover how much student loan debt from Northwestern Michigan College you could end up dealing with.
As well as scholarships, 54% of freshmen (266 total) obtained a federal grant, for about $4,646.00 a piece.
These grants and scholarships consist of mostly federal grants, as well as some local and state awards.
54% of first-year students at Northwestern Michigan College (266 total) got a federal grant, averaging $4,646.00.
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 | 39.11% | $6,975.00 |
| Income 30k-48k | 5.24% | $8,277.00 |
| Income 48k-75k | 5.24% | $4,429.00 |
| Income 75k-110k | 1.81% | $1,935.00 |
| Income 110k + | 0.81% | $843.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 496 undergraduate students at Northwestern Michigan College around 80% (353 total) receive some form of grant aid. The typical amount awarded was $6,131.00.
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.