by our College Data Analytics TeamThe majority of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Niagara University can sound overpowering, but remember that the majority of students get some type of financial assistance.
Just what financial assistance solutions will Niagara deliver, and just what are you going to be eligible for? Read on for answers. Keep reading to learn how much school funding will be available to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Niagara University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Niagara University, 100% of first-year full-time students received aid of some kind roughly 578 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $33,575 |
| Institutional grants & scholarships | 100% | $29,829 |
| Federal Pell grants | 37% | $6,101 |
| State/local grants | 41% | $3,297 |
| Federal student loans | 65% | $5,593 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Niagara, approximately 85% of undergraduate students received gift aid averaging $29,460 (among about 2342 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $29,460 |
| Federal Pell grants | 27% | $5,817 |
| Federal student loans | 54% | $6,909 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $34,384.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $11,564 |
| $30,001 – $75,000 | $14,995 |
| Over $75,000 | $22,988 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,248 |
| Off-campus title-IV students | $18,740 |
To get a personalized net price estimate, try Niagara’s NPC: niagara.aidcalculator.com/.
A typical borrower at Niagara leaves with $20,312 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,312 |
| Median federal debt (graduates only) | $25,475 |
| Typical 10-year monthly payment (graduates) | $270.08/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at Niagara.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $11,199 |
| 75th percentile | $28,500 |
| 90th percentile (highest-debt students) | $31,733 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $19,000 |
| Middle income | $20,750 |
| High income | $21,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,500 |
| Continuing-generation students | $21,875 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $20,484 |
| Independent students | $20,312 |
These indicators are derived from the underlying debt data and summarize the overall picture at Niagara.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Niagara:
| Metric | Value |
|---|---|
| Stafford loan recipients | 13874 |
| Total Stafford loan amount | $297,192,918 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 45 |
| Total GI Bill amount | $834,704 |
| Average GI Bill amount per recipient | $18,549 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 9 |
| Total DoD amount | $30,785 |
| Average DoD amount per recipient | $3,421 |
References
More about our data sources and methodologies.