by our College Data Analytics TeamMany students will never be charged the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total price of attendance at Ohio Northern University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financing solutions does ONU provide, and just what are you going to be eligible for? Keep scrolling for answers. Keep reading to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Ohio Northern University.
Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
Looking at the entering class at Ohio Northern University, 99% of first-year full-time students received aid of some kind (about 583 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $27,696 |
| Institutional grants & scholarships | 96% | $25,044 |
| Federal Pell grants | 26% | $4,910 |
| State/local grants | 36% | $3,929 |
| Federal student loans | 60% | $5,386 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At ONU, approximately 90% of the undergraduate population received grant aid that averaged $27,097 (among about 2330 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 90% | $27,097 |
| Federal Pell grants | 21% | $5,041 |
| Federal student loans | 55% | $6,484 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $29,102.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $20,727 |
| $30,001 – $75,000 | $21,794 |
| Over $75,000 | $28,192 |
Remember these are net prices — what families pay after gift aid, not before.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $24,478 |
| Off-campus title-IV students | $25,727 |
To project your own net price, use ONU’s NPC: www.onu.edu/admissions-aid/financial-aid/scholarship-and-cost-calculator.
The median student at ONU graduates with $24,250 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $24,250 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at ONU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $12,000 |
| 75th percentile | $28,000 |
| 90th percentile (highest-debt students) | $33,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $25,000 |
| Middle income | $25,000 |
| High income | $23,562 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $25,000 |
| Continuing-generation students | $23,752 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $24,250 |
| Independent students | $25,000 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. ONU.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at ONU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10804 |
| Total Stafford loan amount | $301,006,836 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 33 |
| Total GI Bill amount | $484,542 |
| Average GI Bill amount per recipient | $14,683 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $3,250 |
| Average DoD amount per recipient | $3,250 |
References
More about our data sources and methodologies.