$5,668

Avg. Federal Grant

$4,999

Avg. Federal Loan

$34,939,546

Total Aid Awarded

National University College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$34.940M

Financial Aid Official Website

www.nuc.edu

Notably, 98% of the students at National University College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $38,195,773. The total percentage of candidates applying to National University College who receive the Federal Grant is 95%. On the other hand, 96% of the candidates get the Student Grant, 10% receive the Institution Grant, and 95% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,585, and the same stands at $791 for State Grant awardees and $200 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,215. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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 39% of the applicants to National University College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

57%

State Grant Aid

9%

Institution Grant Aid

7%

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$5,668

State Grant Aid

$500

Institution Grant Aid

$200

Pell Grant

$5,398

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,935

$30,001 - $48,000

$4,926

$48,001 - $75,000

$2,497

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for National University College

Average Loan Amount Average Loan Amount received per year.

$4,999/Year

Students Taking Out Loans

26%

Loan Default Rate

16.7%

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