Nazareth College Financial Aid and Scholarships
Students Receiving Aid
98%
Total Aid Amount
$38.169M
Financial Aid Official Website
https://www2.naz.edu/financial-aid
Among them are scholarship programs such as Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Class of 1928 Scholarship, and Dean's Scholarship. Interestingly, almost all of the students at NC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $11,513,888 in a year. Notably, a total of 24% of the applicants to Nazareth College receive the Federal Grant every year. In comparison, 98% of the students are awarded the Student Grant, 97% get the Institution Grant, and 23% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,814, the State Grant receivers and Institution Grant beneficiaries get $2,667 and $17,253, respectively. And, for the Pell Grant awardees, the average aid amount is $4,573. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 79% of the applicants to Nazareth College opt for student loans.
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