$5,233

Avg. Federal Grant

$10,255

Avg. Federal Loan

$1,958,815

Total Aid Awarded

Nightingale College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$1.959M

Financial Aid Official Website

https://nightingale.edu/financial-aid/

It is interesting to note that, every year, around 85% of students at NC receive some kind of financial aid, while the total amount of assistance/loans provided is $5,876,925. Notably, a total of 62% of the applicants to Nightingale College receive the Federal Grant every year. On the other hand, 62% of the candidates get the Student Grant, 19% receive the Institution Grant, and 62% get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,561. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At NC, an estimated number of 81% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

74%

State Grant Aid

11%

Institution Grant Aid

3%

Pell Grant

74%

Average Aid Awarded

Federal Grant Aid

$5,233

State Grant Aid

$5,610

Institution Grant Aid

$4,000

Pell Grant

$5,233

Across the U.S students receive around $150 Billion in Federal Student Aid every year for their educational needs . Federal Student Aid can include both Grants and Loans . Grants do not need to be repaid whereas loans need to be repaid with an interest amount . Apart from conventional financial aid options like Scholarships , Prepaid college savings plans, Personal savings, Personal income, and Institutional, State, and Federal Student Aid (FSA) ; other options include :

  • Alternative Private Loans

  • Montgomery GI Bill

  • MyCAA

  • Post-9/11 GI Bill

  • Tuition Assistance

  • Utah State Office of Rehabilitation (USOR)

  • Vocational Rehabilitation

  • Workforce Innovation and Opportunity Act (WIOA)

  • Student Tuition Recovery Fund (STRF) – California Learners Only  

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,913

$30,001 - $48,000

$5,618

$48,001 - $75,000

$2,161

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Nightingale College

Average Loan Amount Average Loan Amount received per year.

$11,819/Year

Students Taking Out Loans

92%

Loan Default Rate

3.9%

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