Scholarships, Grants, and Loan Trends at NTC

Over the past 10 years (2015-2023), the average number of students who received grants aid/scholarships is 517, which is 55.78 % of all undergraduate students. 356 students which is 37.78% of undergraduate students received federal student loans and the average loan amount is $6,300.

For full-time, first-time beginning students (freshmen), 72.33% of students received grants or scholarships and 50% of students received student loans.

Trends by Subject

All Undergraduate Students Financial Aid Over Time

The following table shows the trends of financial aid for all undergraduate students at Northwest Technical College since 2014.

For that period, the average number of students who received grants aid/scholarships is 517, which is 55.78 % of all undergraduate students. 356 students which is 37.78% of undergraduate students received federal student loans and the average loan amount is $6,300.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15587 (54%)$4,629443 (41%)$3,702454 (42%)$6,889
2015-16523 (46%)$4,220394 (35%)$3,439421 (37%)$6,311
2016-17497 (51%)$4,209357 (36%)$3,440386 (39%)$5,968
2017-18498 (53%)$4,063340 (36%)$3,525374 (40%)$6,217
2018-19499 (49%)$4,456340 (33%)$3,734371 (36%)$6,197
2019-20622 (66%)$3,609322 (34%)$3,580364 (38%)$6,164
2020-21484 (59%)$4,121264 (32%)$3,745312 (38%)$6,284
2021-22503 (63%)$5,231250 (31%)$3,728275 (35%)$6,419
2022-23440 (61%)$5,178238 (33%)$3,996250 (35%)$6,249
Average517 (55.78%)$4,413328 (34.56%)$3,654356 (37.78%)$6,300
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 10 years, on average, 56 (72.33 % of students) received grants or scholarships and its average amount is $5,367. It can cover 85.81% of tuition & fees ($6,254) based on out-of-state rate.

In addition, 39 (50.11 % of students) students get helped from the students loans (average amount : $6,362).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1558 (74%)$5,44536 (46%)$6,780
2015-1649 (67%)$3,95847 (64%)$5,228
2016-1762 (74%)$6,36741 (49%)$5,457
2017-1858 (79%)$4,64340 (55%)$6,697
2018-1964 (67%)$5,90552 (54%)$6,681
2019-2070 (88%)$4,24738 (48%)$6,673
2020-2148 (75%)$5,61339 (61%)$6,108
2021-2256 (67%)$6,32934 (40%)$6,042
2022-2342 (60%)$5,79224 (34%)$7,593
Average56 (72.33%)$5,36739 (50.11%)$6,362
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 39 (49.89 % of students) received Pell (federal) grants and its average amount is $4,199.

In addition, 46 students received State/local government grants/scholarships (58.56 % of students).

Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1544 (56%)$4,1239 (12%)$42548 (62%)$2,55111 (14%)$737
2015-1635 (48%)$3,2132 (3%)$57038 (52%)$1,8727 (10%)$1,314
2016-1748 (57%)$4,23813 (15%)$57758 (69%)$3,0926 (7%)$750
2017-1844 (60%)$4,1458 (11%)$45048 (66%)$1,47514 (19%)$893
2018-1952 (54%)$4,53910 (10%)$51058 (60%)$2,1409 (9%)$1,411
2019-2042 (53%)$3,75054 (68%)$52647 (59%)$2,1799 (11%)$1,000
2020-2132 (50%)$4,46834 (53%)$44038 (59%)$2,69710 (16%)$900
2021-2234 (40%)$4,70148 (57%)$1,74845 (54%)$2,13816 (19%)$906
2022-2322 (31%)$4,61534 (49%)$66632 (46%)$3,00213 (19%)$1,769
Average39 (49.89%)$4,19924 (30.89%)$65746 (58.56%)$2,35011 (13.78%)$1,076
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 39 (50.11 % of students) get any students loan help and its average loan amount is $39.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1536 (46%)$6,78036 (46%)$5,8685 (6%)$6,567
2015-1647 (64%)$5,22847 (64%)$4,5993 (4%)$9,858
2016-1741 (49%)$5,45740 (48%)$4,4715 (6%)$8,979
2017-1840 (55%)$6,69739 (53%)$5,3287 (10%)$8,585
2018-1952 (54%)$6,68149 (51%)$5,41314 (15%)$5,871
2019-2038 (48%)$6,67338 (48%)$5,1187 (9%)$8,440
2020-2139 (61%)$6,10837 (58%)$5,1166 (9%)$8,149
2021-2234 (40%)$6,04234 (40%)$5,1574 (5%)$7,524
2022-2324 (34%)$7,59324 (34%)$4,6448 (11%)$8,849
Average39 (50.11%)$6,36238 (49.11%)$5,0797 (8.33%)$8,091

Ratings & Review

Share your experiences and thoughts about Northwest Technical College. It will be a great help to applicants and prospective students!

Be the first reviewer
Most Searched Minnesota Colleges (last 30 days)
Related Articles and Ads