$4,486

Avg. Federal Grant

$5,590

Avg. Federal Loan

$37,940,716

Total Aid Awarded

North Dakota State University (NDSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

59%

Total Aid Amount Average Total Aid Awarded per year.

$37.941M

Financial Aid Official Website

https://www.ndsu.edu/onestop/finaid/

Among them are scholarship programs such as Carnegie Dartlet $10,000 Scholarship, Midwest Student Exchange Program, North Dakota Scholars Scholarship, and Presidential Honor Scholarship. Notably, 90% of the students at North Dakota State University-Main Campus get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $39,346,351. The total percentage of candidates applying to North Dakota State University-Main Campus who receive the Federal Grant is 23%. In comparison, 65% of the students are awarded the Student Grant, 44% get the Institution Grant, and 23% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,440, and the same stands at $2,194 for State Grant awardees and $3,554 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,237. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At NDSUMC, an estimated number of 64% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

22%

State Grant Aid

25%

Institution Grant Aid

40%

Pell Grant

22%

Average Aid Awarded

Federal Grant Aid

$4,486

State Grant Aid

$2,154

Institution Grant Aid

$4,072

Pell Grant

$4,065

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,790

$30,001 - $48,000

$8,829

$48,001 - $75,000

$4,992

$75,001 - $110,000

$3,409

Over $110,000

$2,332

Student Loans for North Dakota State University (NDSU)

Average Loan Amount Average Loan Amount received per year.

$9,282/Year

Students Taking Out Loans

67%

Loan Default Rate

2.6%

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