Public 2 Year

Northwest Technical College Tuition & Cost

Bemidji, Minnesota

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How much does it cost to attend?

Sticker Price
Costs for Northwest Technical College
Fee Cost
Books and Supplies$1,600
Other Fees$316
Estimated Off Campus Cost of Living $8,660
Other Expenses Budget$3,000

Annual Prices

The annual list price to attend Northwest Technical College on a full time basis for 2020/2021 is $18,991 for all students regardless of their residency. This fee is comprised of $5,415 for tuition, $8,660 room and board, $1,600 for books and supplies and $316 for other fees. Out of state tuition for Northwest Technical College is $5,415, the same as Minnesota residents.

All price data is sourced from the 2020/2021 U.S. Department of Education National Center for Education Statistics survey.

Net Price

Net price is indicative of what it actually costs to attend Northwest Technical College when typical grants and scholarships are considered. The net price varies by family income and financial need.

Average Net Price 2019/2020
Net Price by Income Northwest Technical College
Family Income Net Price Paid
$0 to $30,000$10,368
$30,001 to $48,000$8,750
$48,001 to $75,000$11,468
$75,001 to $110,000$14,816

The average reported annual net price for Northwest Technical College for students receiving grants or scholarship aid was $11,215 in 2019/2020. Net price includes tuition and required fees, books and supplies, and average cost for room and board and other expenses

Costs for Similar Colleges

Financial Aid

90% of full-time undergrad Northwest Technical College received financial aid in the form of grants, scholarships, fellowships from the institution or from Federal, State or local government agencies. This aid averaged $4,247 per student during the 2019/2020 school year. Grant and scholarship aid does not need to be paid back. 48% of students received Federal Student Loans averaging $5,118 and 9% of undergrads took out private student loans averaging $8,440.

Finanical Aid Northwest Technical College
Type Avg./Student Students Receiving
Total Grant and Scholarship Aid $4,247 90%
Institutional Grants and Scholarships $1,000 11%
Pell Grants $3,750 53%
Other Federal Grants $526 68%
State and Local Grants $2,179 59%
Federal Student Loans $5,118 48%
Other Student Loans $8,440 9%

Student Loans

To gauge a more realistic picture of what it may really cost you out of pocket to go to Northwest Technical College, we've modeled a ten year student loan with an original principal value of $18,238. The loan balance of $18,238 is a two year multiple of the $9,119 average net price. This is a estimate of what you could owe upon graduation if you were to qualify for average financial aid and what a degree really may cost. Should you not qualify for financial aid, you may owe significantly more when you graduate. Based on these assumptions, a monthly repayment of $174 could be required to satisfy your student loan.

Please note that financial aid is not guaranteed and is only available for qualifying students. Federal Student Loans are not grants and must be repaid with interest. The current Stafford loan interest rate is 2.75%.

Example Loan $18,238
Stafford Loan Interest Rate 2.75%
Time to Pay Off Student Loan 10 years
Example Monthly Payment $174.01
Total Interest Paid $2,643.28
Sum of All Loan Payments $20,881.28

Projected 2 Year Degree Price

2 Year Sticker Price
Year All Residents
1 $18,991
2 $19,156

Based on published tuition prices, we estimate the current cost of a 2 year associate degree and living expenses at Northwest Technical College to be $37,982 - assuming graduation in normal time. The estimation assumes a 0.9% annual increase over the next 2 years which has been the recent trend for this school.

Credit Hour Cost and Price per Class

Credit Hour and Class Costs at Northwest Technical College
Price Per Credit 3 Credit Class 4 Credit Class
All Residents $178 $534 $712

Estimated cost for a class at Northwest Technical College based on published credit hour prices. Note that not all schools allow single class enrollment. These prices should be used for comparison purposes as to how much it may cost to take a class at Northwest Technical College versus other colleges.

Tuition Payment Plans Available

Northwest Technical College Payment Plans
Tuition Payment Plan Yes
Prepaid Tuition Plan No
Alternative Tuition Plan Yes
Guaranteed Tuition Plan No

Primary data source, U.S. Department of Education https://nces.ed.gov/collegenavigator/?id=173115 IPEDS survey data for Northwest Technical College.