The financial aid department of Niagara University helps students by assisting them with scholarships, grants, and student loans in the event that they find the fees and the cost of living at the campus to be expensive. The average federal grant that comes from the university is around $5,234, whereas the financial aid is $24,999. The students at the university are provided with state aid and institutional aid. The state aid stands at $3,420, while the institutional aid is $24,999. The need-based scholarships awarded to students admitted to Niagara University amount to $2,370,580 per annum. Meanwhile, the total non-need-based scholarships/grants awarded in a year total $7,582,730.