by our College Data Analytics TeamThe total cost of attendance at Northern Kentucky University 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.
Interested in understanding the financial aid resources available at NKU and your eligibility? Find the answers you seek below.
Northern Kentucky University average financial aid offer for freshmen students is $8,016.00. About 99% of first year students receive financial aid, most of which is in the form of 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.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Northern Kentucky University you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers listed below make reference to help that is offered by Northern Kentucky University.
84% of new students (1601 total) were given scholarships at Northern Kentucky University, averaging $7,097.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 35% of freshman students (674 total) obtained federal grant aid, averaging $5,132.00 a piece.
The next table displays grant and scholarship distributions by family income for freshman students getting any kind of federally-funded Title IV aid, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 10.48% | $13,237.00 |
| Income 30k-48k | 7.75% | $11,922.00 |
| Income 48k-75k | 7.18% | $8,364.00 |
| Income 75k-110k | 8.38% | $5,213.00 |
| Income 110k + | 10.21% | $4,634.00 |
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.
99% of the 1909 undergraduates at Northern Kentucky University receive some sort of grant aid. This is a total of about 1868 students getting an average of $8,016.00 per person.
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.