$5,451

Avg. Federal Grant

$8,463

Avg. Federal Loan

$25,115,028

Total Aid Awarded

North Park University (NPU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$25.115M

Financial Aid Official Website

www.northpark.edu/Financial-Aid

North Park University provides admission to students from a wide range of social and economic backgrounds. The family income of students ranges from less than $20,000 per year to more than $140,000 per year. Hence, NPU strives to serve different family incomes and financial situations.

The University wishes that families are able to afford the college education their student desires. Applicants should complete the FAFSA if they wish to apply for financial aid. North Park University provides many options to assist students and their families in financing education at North Park University. 

Financial aid options offered by NPU

  • Grants: These are need-based awards that are funded from a range of sources, that do not need to be paid back

  • Student Loans: Federal student loans must be repaid and can be borrowed in the students’ or parents’ names. They are given at a significantly lower interest rate than other private loans. 

  • Work-Study: This is a government-funded campus employment program that is available to students who demonstrate financial need.

  • ROTC: Applicants who are participating in the ROTC program may be eligible for both Army and North Park scholarships.

  • Benefits for Veterans: Veterans of the U.S. Armed Forces, or their dependents, may qualify for VA benefits.

NPU Financial Aid Office

Location - First floor of the Student Services Building (Office Hours)

Email - financialaid@northpark.edu

Phone - (773) 244-5560 and (773) 244-5605

Fax - (773) 634-4051

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

52%

State Grant Aid

49%

Institution Grant Aid

98%

Pell Grant

52%

Average Aid Awarded

Federal Grant Aid

$5,451

State Grant Aid

$4,416

Institution Grant Aid

$11,962

Pell Grant

$4,724

As shown in the table, the breakdown includes federal grants, pell grants, state grants, and institutional grants with institutional grants having the highest percentage contribution of 98% with an average aid amount being $11,962.

Federal grants have a percentage of 52% with an average aid amount of $5,451 which is higher than the State grant aid average of $4,416.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$19,614

$30,001 - $48,000

$19,197

$48,001 - $75,000

$16,368

$75,001 - $110,000

$13,801

Over $110,000

$13,378

Financial assistance is provided based on income level of a candidate's family. Incomes between $0-30,000 receive the aid of about $19,614.

A slight change is observed with the change in range; income between $30,001-48,000 receives $19,197. For income ranging between $48,001-75,000 the aid provided is $16,368. When the income range increases the aid amount decreases.

Student Loans for North Park University (NPU)

Average Loan Amount Average Loan Amount received per year.

$8,789/Year

Students Taking Out Loans

71%

Loan Default Rate

5.4%

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