National University College Financial Aid and Scholarships
Students Receiving Aid
92%
Total Aid Amount
$34.940M
Financial Aid Official Website
www.nuc.edu
Notably, 98% of the students at National University College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $38,195,773. The total percentage of candidates applying to National University College who receive the Federal Grant is 95%. On the other hand, 96% of the candidates get the Student Grant, 10% receive the Institution Grant, and 95% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,585, and the same stands at $791 for State Grant awardees and $200 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,215. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 39% of the applicants to National University College opt for student loans.