by our College Data Analytics TeamThe majority of 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 sum total of attendance at Northeastern State University can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financing solutions does NSU deliver, and just what are you going to be eligible for? Keep scrolling for answers. Scroll down to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Northeastern State 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. However, some types of aid are more desirable than others, and some students will receive more than others.
For incoming first-year students at Northeastern State University, 92% of first-time, full-time freshmen received some form of financial aid roughly 593 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $8,893 |
| Institutional grants & scholarships | 51% | $4,259 |
| Federal Pell grants | 55% | $6,099 |
| State/local grants | 39% | $4,386 |
| Federal student loans | 41% | $5,255 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at NSU, around 72% of the undergraduate population received grant aid that averaged $8,328 (covering around 3605 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 72% | $8,328 |
| Federal Pell grants | 45% | $5,665 |
| Federal student loans | 36% | $6,972 |
On-campus students receiving title-IV aid were awarded grants averaging $8,841.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $9,565 |
| $30,001 – $75,000 | $10,541 |
| Over $75,000 | $17,038 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $12,710 |
| Off-campus title-IV students | $11,800 |
For an estimate tailored to your family circumstances, see NSU’s online cost calculator: offices.nsuok.edu/_resources/includes/calculator22-23.inc.
Graduating students at NSU carry a median federal student debt of $12,000 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,000 |
| Median federal debt (graduates only) | $17,367 |
| Typical 10-year monthly payment (graduates) | $184.12/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at NSU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $22,609 |
| 90th percentile (highest-debt students) | $32,304 |
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 | $12,275 |
| Middle income | $11,748 |
| High income | $12,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,038 |
| Continuing-generation students | $11,806 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,517 |
| Independent students | $13,750 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. NSU.
Stafford loans are the federal government’s primary direct undergraduate lending program. The aggregate figures below show how active the program is at NSU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 32771 |
| Total Stafford loan amount | $677,284,916 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 85 |
| Total GI Bill amount | $384,185 |
| Average GI Bill amount per recipient | $4,520 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 5 |
| Total DoD amount | $8,386 |
| Average DoD amount per recipient | $1,677 |
References
More about our data sources and methodologies.