by our College Data Analytics TeamThe total cost of attendance at Trevecca Nazarene 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.
Uncover the various financial aid options provided by TNU and determine which ones you may be eligible for by continuing your exploration.
$17,988.00 is the typical Trevecca Nazarene University’s first year financial aid package. Approximately 100% of incoming freshmen obtain financial assistance, with the majority being offered as grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Trevecca Nazarene University 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 next numbers refer to grants and scholarships mainly supplied by the college itself.
100% of first-year students (391 total) were offered scholarships at Trevecca Nazarene University, averaging $13,355.00 per person. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 39% of freshmen (153 total) received a federal grant, for about $4,734.00 a person.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 14.54% | $22,275.00 |
| Income 30k-48k | 12.76% | $19,171.00 |
| Income 48k-75k | 11.99% | $18,474.00 |
| Income 75k-110k | 11.99% | $15,272.00 |
| Income 110k + | 14.54% | $15,531.00 |
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.
Of the 392 undergraduate students at Trevecca Nazarene University around 100% (392 total) receive some form of grant aid. The typical amount awarded was $17,988.00.
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.