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What Concordia University, Nebraska Fin Aid Are You Eligible For?

The total cost of attendance at Concordia University, Nebraska can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.

What amount of Concordia University, Nebraska financial assistance will actually be available to you?Get answers to your questions here.

Table of Contents:

What Amount of Financial Aid is Available for First Time Students at Concordia University, Nebraska?

Concordia University, Nebraska average financial aid offer for freshmen students is $23,442.00. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.

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Is it a True Discount?

A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.

What About Student Loans?

Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Concordia University, Nebraska.

How Much Aid Is Offered That I Don’t Have to Pay Back? A.K.A. Scholarships & Grants

Institutional scholarships and grants refer to financial aid provided directly by a college or university to support students in covering their educational expenses. These awards can be either merit-based or need-based and do not require repayment. Merit-based institutional scholarships reward students who have demonstrated exceptional academic achievements, talents, or skills in specific areas. Such scholarships often take into account a student’s high school performance, standardized test scores, or extracurricular activities. On the other hand, need-based institutional grants are allocated to students who exhibit financial need. The amount awarded is usually determined by the student’s family’s financial circumstances and aims to cover the difference between the cost of attendance and the family’s capacity to pay. To assess eligibility for need-based grants, colleges and universities may use information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants play a crucial role in assisting students, as they can considerably lower the cost of college and make higher education more attainable.

The following numbers apply to scholarships and grants largely offered by the school itself.

100% of new students (291 total) were offered scholarships at Concordia University, Nebraska, averaging $21,714.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.

In addition to scholarships, 29% of freshman students (84 total) obtained federal grant aid, averaging $5,485.00 a piece.

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How Income Level Affects Financial Aid

The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.

Income LevelPercent of FreshmanAverage Assistance
Income 0-30k13.40%$28,443.00
Income 30k-48k7.90%$27,557.00
Income 48k-75k13.40%$24,451.00
Income 75k-110k20.62%$21,308.00
Income 110k +24.40%$21,249.00

Title IV Aid

The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.

The Average Undergrad Receiving a Scholarship or Grant Will Get $23,442.00.

Of the 291 undergraduate students at Concordia University, Nebraska around 100% (291 total) receive some form of grant aid. The typical amount awarded was $23,442.00.

Exploring the Cost Breakdown of Tuition and Fees?

Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.

Info on Concordia University, Nebraska Financial Aid.

Notes and References

References

More about our data sources and methodologies.

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