For the academic year 2022-2023, total 170 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 1,218 students (74% of all students) received grants or scholarships and the average grant amount is $4,600. In addition, 136 students received student loans and the average loan amount is $4,152.
Below tables show the number and amount by source of financial aid at North Central Michigan College.
For all undergraduate students, total 1,218 students (74% of all students) received grants or scholarships and the average grant amount is $4,600. In addition, 136 students received student loans and the average loan amount is $4,152.
Below tables show the number and amount by source of financial aid at North Central Michigan College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,218 | 74% | $4,600 |
| Pell Grants | 742 | 45% | $2,181 |
| Federal Student Loans | 136 | 8% | $4,152 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 170 | 100% | - |
| Grants or Scholarship from All Sources | 170 | 100% | $5,047 |
| Federal Grants | 170 | 100% | $3,582 |
| Pell Grants | 85 | 50% | $2,217 |
| Other Federal Grants | 170 | 100% | $2,473 |
| State/Local Grants | 66 | 39% | $2,462 |
| Institutional Grants | 57 | 34% | $1,520 |
| Student Loans | 19 | 11% | $2,200 |
| Federal Student Loans | 18 | 11% | $2,090 |
| Other Student Loans | 1 | 1% | $4,176 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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