by our College Data Analytics TeamMany students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Nicholls State University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financing options does Nicholls State University offer you, and what will you qualify for? Keep scrolling for more information. Scroll down to see how much school funding could be available to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Read on to get a sense of the financial assistance available at Nicholls State University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Nicholls State University, 95% of first-year full-time students received aid of some kind (about 1108 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $10,392 |
| Institutional grants & scholarships | 53% | $4,962 |
| Federal Pell grants | 44% | $6,059 |
| State/local grants | 78% | $5,032 |
| Federal student loans | 41% | $5,153 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, some 82% of undergraduates were awarded grant or scholarship aid averaging $7,784 (across approximately 4614 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 82% | $7,784 |
| Federal Pell grants | 34% | $5,682 |
| Federal student loans | 38% | $6,566 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $10,534.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,334 |
| $30,001 – $75,000 | $11,688 |
| Over $75,000 | $15,694 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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 | $12,947 |
| Off-campus title-IV students | $12,091 |
For a personalized estimate based on your family’s financial situation, use Nicholls State University’s online cost calculator: www.nicholls.edu/net-price-calculator/.
The median federal debt load at Nicholls State University comes to $13,156 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,156 |
| Median federal debt (graduates only) | $22,675 |
| Typical 10-year monthly payment (graduates) | $240.39/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Nicholls State University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $23,500 |
| 90th percentile (highest-debt students) | $37,142 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $13,750 |
| Middle income | $12,233 |
| High income | $13,319 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $13,256 |
| Continuing-generation students | $13,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,686 |
| Independent students | $15,751 |
The figure below distills the debt data into a single burden category for Nicholls State University.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Nicholls State University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 21556 |
| Total Stafford loan amount | $419,143,310 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 41 |
| Total GI Bill amount | $266,368 |
| Average GI Bill amount per recipient | $6,497 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $750 |
| Average DoD amount per recipient | $750 |
References
More about our data sources and methodologies.