Naropa University Financial Aid and Scholarships
Students Receiving Aid
73%
Total Aid Amount
$6.177M
Financial Aid Official Website
www.naropa.edu/admissions/affording/index.php
As many as 90% of the students at NU get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,180,300 in a year. One can visit NU's financial aid page at http://www.naropa.edu/admissions/affording/index.php for more information. At NU, the total percentage of applicants who receive the Federal Grant stands at 53%. On the other hand, 90% of the candidates get the Student Grant, 90% receive the Institution Grant, and 50% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,011, and the same stands at $3,750 for State Grant awardees and $18,573 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,825. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Students whose family income per annum is less than $30,000 will receive a federal aid of $26,160 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $23,894 and $24,165, respectively. On the other hand, the average federal aid stands at $13,250 for those with an annual family income between $75,001 and $110,000, and at $6,000 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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. Every year, around 53% of the applicants to Naropa University opt for student loans.
![Schools That Require the CSS Profile [Complete List for 2021/2022]](https://www.thecollegemonk.com/images/blog/every-school-th56.jpg)
