by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from Nebraska Methodist College.
$6,966.00 is the typical Nebraska Methodist College of Nursing & Allied Health’s first year financial aid package. 100% of reshman students get financial aid, most of which is in the form of loans
Financial aid helps decrease the expense, or the “sticker” price of the school. But keep in mind that the only real discounts off the cost of college are in the form of grants and scholarships.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Nebraska Methodist College of Nursing & Allied Health.
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 numbers listed below make reference to help that is offered by Nebraska Methodist College of Nursing & Allied Health.
100% of incoming freshmen (41 total) were given scholarships at Nebraska Methodist College of Nursing & Allied Health, averaging $5,478.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 90% of first-year students (37 total) got a federal grant, for about $1,886.00 per person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 9.76% | $11,695.00 |
| Income 30k-48k | 4.88% | $13,985.00 |
| Income 48k-75k | 14.63% | $7,793.00 |
| Income 75k-110k | 7.32% | $6,512.00 |
| Income 110k + | 41.46% | $5,975.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
41 Nebraska Methodist College undergrads obtain grant aid (this is about 100% of the entire undergraduate student population). The average amount these students receive is $6,966.00.
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.