How is financial aid determined?

The following is an example of how financial need is determined:

Student's Income & Assets + Family Income & Assets = Family Contribution
*College Costs include tuition and fees, books and supplies, housing, meals, transportation, and personal expenses.
Then the . . .


*College Costs - Family Contribution = Financial Need

NTCC will take this analysis and calculate your financial aid package.

The package might look like this:

Scholarship or Grant..

$ dollar figure

Work/Study......

$ dollar figure

 

 

Total Award

* College costs are formally referred to as cost of attendance (COA). COA is an estimate of what it costs the typical student to attend Northeast Texas Community College. Your COA covers both your college tuition and basic living expenses. It does NOT mean you will pay this amount to NTCC. When comparing financial aid packages from other schools, make sure you are comparing the total cost of attending that school, not just the total financial aid awarded.

 

 

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