$3,797

Avg. Federal Grant

N/A

Avg. Federal Loan

$16,717,981

Total Aid Awarded

National University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

42%

Total Aid Amount Average Total Aid Awarded per year.

$16.718M

Financial Aid Official Website

www.nu.edu/Admissions/Financial-Aid-and-Scholarships.html

Students can avail of scholarships provided by the university, such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B, if they find educational expenses to be on the higher side. Notably, 33% of the students at National University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $26,035,958. For additional information about financial assistance schemes, one can head over to NU’s financial aid page at http://www.nu.edu/Admissions/Financial-Aid-and-Scholarships.html. On the other hand, 33% of the candidates get the Student Grant, while 33% are awarded the Institution Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,594. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $2,191 per year. 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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

22%

State Grant Aid

N/A

Institution Grant Aid

35%

Pell Grant

N/A

Average Aid Awarded

Federal Grant Aid

$3,797

State Grant Aid

N/A

Institution Grant Aid

$3,800

Pell Grant

N/A

It is clear that you receive your funds in the form of scholarship grants, and loans. But the real question is how and where do you get it from? The following information will help you get the answer to that confusion.

  • Total applicants receiving federal grant aid are around 22% which amounts to $3,797.

  • Institutional grants amount to $3,800, and the total percentage of students receiving this aid is 35%.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

N/A

$30,001 - $48,000

$2,191

$48,001 - $75,000

$1,823

$75,001 - $110,000

N/A

Over $110,000

N/A

So here is the total financial assistance that you’ll be eligible for based on your family’s income. The family income with $30,001 - $48,000 will receive aid amount of $2,191 and for $48,001 to $75,000 would get $1,823.

Student Loans for National University

Average Loan Amount Average Loan Amount received per year.

N/A

Students Taking Out Loans

N/A

Loan Default Rate

4.9%

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