NorthWest Arkansas Community College Financial Aid and Scholarships
Students Receiving Aid
55%
Total Aid Amount
$14.738M
Financial Aid Official Website
www.nwacc.edu/web/lss_fa/
As many as 75% of the students at NACC get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,547,889 in a year. One can visit NACC's financial aid page at http://www.nwacc.edu/web/lss_fa/ for more information. The total percentage of candidates applying to NorthWest Arkansas Community College who receive the Federal Grant is 45%. Meanwhile, 72% of the applicants receive the Student Grant and 3% are awarded the Institution Grant, while 45% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,175, the State Grant receivers and Institution Grant beneficiaries get $1,034 and $1,243, respectively. And, for the Pell Grant awardees, the average aid amount is $4,758. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At NorthWest Arkansas Community College, the percentage of candidates who opt to avail of student loans is around 22%.
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