National University Financial Aid and Scholarships
Students Receiving Aid
42%
Total Aid Amount
$16.718M
Financial Aid Official Website
www.nu.edu/Admissions/Financial-Aid-and-Scholarships.html
Students can avail of scholarships provided by the university, such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B, if they find educational expenses to be on the higher side. Notably, 33% of the students at National University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $26,035,958. For additional information about financial assistance schemes, one can head over to NU’s financial aid page at http://www.nu.edu/Admissions/Financial-Aid-and-Scholarships.html. On the other hand, 33% of the candidates get the Student Grant, while 33% are awarded the Institution Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,594. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $2,191 per year. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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.