by our College Data Analytics TeamMany students attending Nazareth College can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
What amount of Nazareth financial assistance will actually be available to you?Get answers to your questions here.
Nazareth College average financial aid offer for freshmen students is $19,867.00. Approximately 100% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Loans are included in the umbrella of ‘financial aid’, even so, the only true discount from the cost of college is a grant or scholarship that you don’t have to pay back.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Nazareth College you may end up taking on.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The following numbers pertain to assistance that is supplied by Nazareth College.
97% of new students (500 total) were offered scholarships at Nazareth College, averaging $17,621.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 26% of freshmen (135 total) received a federal grant, for about $4,887.00 a person.
Amount of Financial Assistance Per Income Level
The following table shows scholarship and grant allocations by income for first-year students receiving any form of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 10.47% | $29,971.00 |
| Income 30k-48k | 7.17% | $26,726.00 |
| Income 48k-75k | 10.66% | $20,759.00 |
| Income 75k-110k | 15.50% | $18,678.00 |
| Income 110k + | 38.95% | $17,120.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 516 undergraduate students at Nazareth College around 100% (505 total) receive some form of grant aid. The typical amount awarded was $19,867.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.