North American University Financial Aid and Scholarships
Students Receiving Aid
94%
Total Aid Amount
$2.315M
Financial Aid Official Website
www.na.edu/financialaid/
As many as 96% of the students at NAU get some sort of financial aid, and the total amount of assistance/loans provided is more than $327,755 in a year. Notably, a total of 63% of the applicants to North American University receive the Federal Grant every year. Meanwhile, 96% of the applicants receive the Student Grant and 96% are awarded the Institution Grant, while 63% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,973. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. At North American University, the percentage of candidates who opt to avail of student loans is around 40%.
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