by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Curious about the financial aid opportunities at NIU and what you may be eligible for? Explore the answers here.
Northern Illinois University average financial aid offer for freshmen students is $11,842.00. A significant 99% of freshmen benefit from financial aid, with the main type being grants and scholarships.
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.
Student debt really should be considered to be an added expense and not as “aid” or a “discount”. Find more about student loan debt at Northern Illinois University.
As well as scholarships, 64% of freshmen (1192 total) received a federal grant, for about $4,899.00 a person.
The stats and the chart below reference predominantly federal grants, as well as some local and state grants.
64% of first-year students at Northern Illinois University (1192 total) obtained a federal grant, averaging $4,899.00.
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 | 28.40% | $15,917.00 |
| Income 30k-48k | 12.95% | $14,813.00 |
| Income 48k-75k | 13.00% | $12,534.00 |
| Income 75k-110k | 11.35% | $9,430.00 |
| Income 110k + | 15.72% | $6,244.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
1826 NIU undergrads obtain grant aid (this is about 99% of the entire undergraduate student population). The average amount these students receive is $11,842.00.
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.