by our College Data Analytics TeamMost students won’t pay the advertised price of a school. Instead, they will be provided with a financial aid plan that includes a mix of scholarships, grants, loans, and work-study. But some kinds of aid are more desirable than others, and some students will get more than others.
Uncover the various financial aid options provided by Norwich and determine which ones you may be eligible for by continuing your exploration.
Norwich University average financial aid offer for freshmen students is $34,057.00. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at Norwich University.
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 next numbers refer to grants and scholarships mainly supplied by the college itself.
100% of new students (657 total) were offered scholarships at Norwich University, averaging $31,622.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 30% of first years (196 total) were awarded federal grant aid, averaging $7,004.00 each.
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 Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 14.00% | $43,785.00 |
| Income 30k-48k | 8.52% | $41,786.00 |
| Income 48k-75k | 11.11% | $37,941.00 |
| Income 75k-110k | 15.22% | $34,438.00 |
| Income 110k + | 28.92% | $29,638.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 657 undergraduate students at Norwich University around 100% (657 total) receive some form of grant aid. The typical amount awarded was $34,057.00.
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.