Northwest Indian College (NWIC) Financial Aid and Scholarships
Students Receiving Aid
69%
Total Aid Amount
$3.455M
Financial Aid Official Website
www.nwic.edu/life-on-campus/financial-resources/
As many as 78% of the students at NIC receive some kind of financial aid, shows the latest data. For additional information about financial assistance schemes, one can head over to NIC’s financial aid page at http://www.nwic.edu/life-on-campus/financial-resources/. Notably, a total of 64% of the applicants to Northwest Indian College receive the Federal Grant every year. In comparison, 71% of the students are awarded the Student Grant, 16% get the Institution Grant, and 64% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,280, and the same stands at $2,645 for State Grant awardees and $1,717 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,329. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period.