$4,871

Avg. Federal Grant

$5,134

Avg. Federal Loan

$175,541,410

Total Aid Awarded

Northern Arizona University (NAU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

69%

Total Aid Amount Average Total Aid Awarded per year.

$175.541M

Financial Aid Official Website

https://nau.edu/office-of-scholarships-and-financial-aid/

Financial support is provided to students of Northern Arizona University to complete the education without any hassle. Students can enroll in any of the financial aids provided by the university as per their eligibility.

NAU financial aid options include scholarships, grants, and student loans majorly. About 69% of the student receive some kind of financial aid every year, the amount of which comes to around $175,541,410.

To apply for federal aid options, the students are required to fill the FAFSA form during the time of their application and renew it every year.

Scholarships

Northern Arizona University offers various types of scholarships:

  • NAU Foundation Scholarship: This scholarship is provided to students in financial need. Students are required to show excellent academic reports. Also, students need to reflect on the mission of the university as their primary goal.
  • Freshman Merit-based and Non-merit-based Tuition Scholarships: To avail, students need to be Arizona residents and should be enrolled in undergraduate programs at Northern Arizona University. Award amount covers tuition expenses only. Student needs to maintain at least a 2.75 cumulative GPA score.

For more details on scholarships, please visit the official website. Northern Arizona University also provides Scholarship Estimators to provide students the exact details of the amounts.

Grants

Federal Grants

  • Pell Grants: The Pell Grant is provided to undergraduate students who are eligible. It is provided to students who require financial support to study at Northern Arizona University. Students need to submit a FAFSA application form that contains clear details on their EFC. Award amount may vary from $657 - $6,195.
  • Supplemental Educational Opportunity Grant (SEOG): SEOG is provided to eligible Northern Arizona University undergraduate students who require financial support to complete the education. As per the eligibility criteria, students should have a satisfactory academic record. The award amount is based on the FAFSA application, with the maximum amount coming up to $1,000.

State Grant

Financial Aid Trust Grant

This grant is provided to Northern Arizona University undergraduate students. Students should be an  Arizona resident. Also, students should complete the FAFSA form and should require financial support. Students should have satisfactory academic reports.

Institutional Grant

Northern Arizona University’s University Grant

The University Grant is provided to eligible undergraduate students. Students need to complete various eligibility criteria to qualify for this grant. Students need to complete the FAFSA form and should have a financial need to complete the education. Eligibility criteria mention that students should have satisfactory academic reports.

For more details on grants, please visit the university's Grants page.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

39%

State Grant Aid

7%

Institution Grant Aid

87%

Pell Grant

38%

Average Aid Awarded

Federal Grant Aid

$4,871

State Grant Aid

$2,423

Institution Grant Aid

$8,551

Pell Grant

$4,476

Northern Arizona University provides multiple aids to students. The total aid award amount comes up to $175,541,410 and about 69% of the students who applied for the aid actually receive the aid.

  • Federal Grant average aid is $4,871,with the percentage of students receiving it standing at 39%.

  • Pell Grant average aid is $4,476 and the percentage of students receiving it is 38%.

  • 7% of students receive State Grants that contain an average aid of $2,423.

  • Institution Grant average aid worth an average of $8,551 is received by 87% of students applying for it.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$15,749

$30,001 - $48,000

$15,163

$48,001 - $75,000

$12,968

$75,001 - $110,000

$8,867

Over $110,000

$6,926

The average federal aid in Northern Arizona University is calculated according to the family income of the student. The federal aid for the family income is based on the family income bracket as decided.

These aids keep changing as per the decided income bracket. For the income level between $0-30,000, the aid amount is the highest i.e., $15,749. A slight change is observed in the aid amount when the range is $30,001-48,000; the amount comes up to $15,163. For incomes between $48,001-75,000, the aid provided is $12,968. When the income range increases, the aid amount decreases to $8,867. Incomes above $110,000 put the aid amount at $6,926.

Student Loans for Northern Arizona University (NAU)

Average Loan Amount Average Loan Amount received per year.

$5,822/Year

Students Taking Out Loans

50%

Loan Default Rate

6.6%

NAU also offers its students different student loan options. Student loans, unlike the other sources of financial aid options we have spoken about previously, are repayable, and often include an interest rate to be paid with the base amount. Keeping that in mind, students are suggested to take loans carefully, and try to look for suitable federal loans options before going for private loan options. here are a few loan sources that are accesible to students of NAU:

  • Federal Direct Loan (subsidized/unsubsidized)
  • Federal PLUS Loan
  • Federal Nursing Loan
  • Alternative loans(private loans)

To know more about these loans, click here.

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