$5,321

Avg. Federal Grant

$6,192

Avg. Federal Loan

$6,342,064

Total Aid Awarded

Northern State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

N/A

Total Aid Amount Average Total Aid Awarded per year.

$6.342M

Financial Aid Official Website

www.northern.edu/admission-aid/costs-aid

NSU aims to make the process of availing education economically easier for the students. More than 82 percentile students are at the receiving end of some type of Financial aid. Financial aids can be in the form of scholarships, student loans, and so on. Student loans, unlike other forms of financial aid, have to be repaid by the students.

Financial Aid Process

  • Students must file the Free Application for Federal Student Aid or the FAFSA. The NSU school code of 003466 must be listed on the FAFSA.
  • Prior to applying for scholarships, students must check with high school and local businesses and consider their talents. Students can use a free scholarship search engine.
  • Students can also apply for other aid.

Grants

  • Federal Pell Grants
  • Federal Supplemental Educational Opportunity Grant (SEOG)
  • Teacher Education Assistance for College & Higher Education Grant (TEACH Grant)
  • South Dakota Education Access Foundation Grant (SDEAF Grant)
  • South Dakota Need-Based Grant (SDNBG)

Scholarships

  • Arts and Sciences Scholarships
  • Business Scholarships
  • Education Scholarships
  • Fine Arts Scholarships
  • Honors Scholarships
  • Incoming Freshman Scholarships
  • Multicultural Scholarships
  • Outside/Private Scholarships

NSU Financial Aid Office

EMAIL
finaid@northern.edu

TELEPHONE
605-626-2640

LOCATION
Dacotah Hall 103

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

13%

Institution Grant Aid

75%

Pell Grant

34%

Average Aid Awarded

Federal Grant Aid

$5,321

State Grant Aid

$1,231

Institution Grant Aid

$3,006

Pell Grant

$4,474

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 75% with an average aid amount being $3,006.

Federal grants have a percentage of 36% with an average aid amount of $5,321 which is higher than the State grant aid average of $1,231.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,257

$30,001 - $48,000

$6,607

$48,001 - $75,000

$3,970

$75,001 - $110,000

$2,106

Over $110,000

$2,156

Depending on the financial aid available to the family or the student, the income bracket may either pay more or less than the overall average costs. Incomes between $0-30,000 receive the aid of about $7,257.

A slight change is observed with the change in range; income between $30,001-48,000 receives $6,607. For incomes ranging between $48,001-75,000 the aid provided is $3,970. When the income range increases the aid amount decreases. $110,000 and higher receive an aid amount of $2,156.

Student Loans for Northern State University

Average Loan Amount Average Loan Amount received per year.

$7,337/Year

Students Taking Out Loans

71%

Loan Default Rate

8%

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