Northland College Financial Aid and Scholarships
Students Receiving Aid
94%
Total Aid Amount
$14.879M
Financial Aid Official Website
https://www.northland.edu/admissions/financial-aid/
Among them are scholarship programs such as Academic Excellence Scholarship, Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, and David L. Gasser Memorial Scholarship. Notably, 99% of the students at Northland College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,204,248. One can visit NC's financial aid page at https://www.northland.edu/admissions/financial-aid/ for more information. Notably, a total of 54% of the applicants to Northland College receive the Federal Grant every year. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 53% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,173, and the same stands at $3,218 for State Grant awardees and $24,229 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,887. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $31,259 in a year. The average aid amount stands at $30,332 for an annual family income between $30,001 and $48,000. This amount comes to $27,038 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $23,014 for those with an annual family income between $75,001 and $110,000, and at $20,722 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 77% of the applicants to Northland College opt for student loans.
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