Norwalk Community College Financial Aid and Scholarships
Students Receiving Aid
49%
Total Aid Amount
$11.838M
Financial Aid Official Website
https://norwalk.edu/finaid/
As many as 71% of the students at NCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $398,731 in a year. More information regarding the financial assistance schemes can be accessed on NCC’s official financial aid page at https://norwalk.edu/finaid/. Notably, a total of 59% of the applicants to Norwalk Community College receive the Federal Grant every year. On the other hand, 69% of the candidates get the Student Grant, 20% receive the Institution Grant, and 59% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,257, the State Grant receivers and Institution Grant beneficiaries get $2,838 and $2,480, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,874. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At NCC, an estimated number of 2% of the applicants choose to go for student loans.