Norfolk State University (NSU) Financial Aid and Scholarships
Students Receiving Aid
80%
Total Aid Amount
$43.753M
Financial Aid Official Website
https://www.nsu.edu/Admissions-Aid
Students can avail of scholarships provided by the university, such as Thurgood Marshall College Fund Scholarships and Virginia Military Survivors and Dependents Education Program, if they find educational expenses to be on the higher side. As many as 78% of the students at NSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $34,925,663 in a year. One can visit NSU's financial aid page at https://www.nsu.edu/Admissions-Aid for more information. The total percentage of candidates applying to Norfolk State University who receive the Federal Grant is 73%. In comparison, 76% of the students are awarded the Student Grant, 46% get the Institution Grant, and 73% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,188, the State Grant receivers and Institution Grant beneficiaries get $6,108 and $4,647, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,843. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At NSU, an estimated number of 78% of the applicants choose to go for student loans.
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