$4,712

Avg. Federal Grant

$4,961

Avg. Federal Loan

$29,035,569

Total Aid Awarded

Nicholls State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

75%

Total Aid Amount Average Total Aid Awarded per year.

$29.036M

Financial Aid Official Website

www.nicholls.edu/financial-aid/

Nicholls State University (NSU), Thibodaux, Louisiana provides financial assistance on the basis of the family’s ability to contribute. Last year, the university awarded over $29,035,569 in financial aid through scholarships, grants, loans, and work-study assistance.

Scholarships

University provides scholarships on the basis of student’s academic achievements, proven leadership, and participation in extracurricular activities- both in their schools and their communities. NSU’s merit-based scholarships are offered through the following programs:

  • President’s Scholarship is offered to the fresher students.

  • Dean’s Graduate Scholarship awarded to graduate students who have achieved academic achievements.

  • Faculty Scholarship, awarded to those who scored excellent high school grades.

  • University Scholarship awarded based on a combination of ACT/SAT scores.

Grants

Grants are gift assistance which is awarded on the basis of financial aid. Various grants awarded to the students at the university are as follows:

Federal Grants

  • Federal Pell Grant, awarded only to those students who have not earned a bachelor’s degree.

  • Federal Supplemental Educational Opportunity Grant(SEOG), this grant is awarded to those students who have less financial need.

State Grants

  • James Lynn Powell Scholarship is awarded to the students who are residents of Louisiana.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

38%

State Grant Aid

74%

Institution Grant Aid

50%

Pell Grant

37%

Average Aid Awarded

Federal Grant Aid

$4,712

State Grant Aid

$4,840

Institution Grant Aid

$3,819

Pell Grant

$4,627

A federal grant is also an option for you if you meet the eligibility criteria, 38% of candidates cover up their expenses and the average of it is $4,712. The Pell grants average amount is $4,627 and serves 37% candidates.

In addition to these, the state grants also cover up the expenses of 74% of pupils and the average of it is  $4,840. You might depend upon the institutional scholarships and grants as almost 50% of all students get hold of them and the average of them is $3,819.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$10,165

$30,001 - $48,000

$9,157

$48,001 - $75,000

$6,922

$75,001 - $110,000

$5,213

Over $110,000

$4,912

A student having an annual family income of less than $30,000 might face an aid amount of $10,165 as the net aid price. You will find this amount to be lowered up to $9,157 in case of an income between the range of $30,001-$48,000.

The aid price decreases gradually as we talk about higher income brackets. For example, a family income ranging from $48,001-$75,000 might make your net price look $6,922 and for a range of $75,001-$110,000, your net aid price will amount to $5,213 and $4,912 for the income range above $110,000.

Student Loans for Nicholls State University

Average Loan Amount Average Loan Amount received per year.

$5,142/Year

Students Taking Out Loans

51%

Loan Default Rate

10%

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