by our College Data Analytics TeamA lot of students are not billed the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total cost of going to Northern Arizona University can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will NAU offer you, and what will you qualify for? Read on for more information. Keep reading to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Continue reading to find information to help you understand just how much assistance you can expect to receive from Northern Arizona 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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Northern Arizona University, 99% of new full-time first-years were awarded at least some aid around 5307 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $13,085 |
| Institutional grants & scholarships | 98% | $9,702 |
| Federal Pell grants | 37% | $6,114 |
| State/local grants | 24% | $4,280 |
| Federal student loans | 39% | $5,425 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At NAU, approximately 83% of undergraduates were awarded an average grant or scholarship of $13,046 (across approximately 19225 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $13,046 |
| Federal Pell grants | 31% | $5,931 |
| Federal student loans | 32% | $6,672 |
Title-IV recipients living on campus saw average grant aid of $15,775.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $10,602 |
| $30,001 – $75,000 | $12,657 |
| Over $75,000 | $19,943 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,158 |
| Off-campus title-IV students | $14,922 |
For a personalized estimate based on your family’s financial situation, use NAU’s NPC: app.meadowfi.com/nau.
The median student at NAU graduates with $12,916 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,916 |
| Median federal debt (graduates only) | $19,000 |
| Typical 10-year monthly payment (graduates) | $201.43/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at NAU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,225 |
| 25th percentile | $5,500 |
| 75th percentile | $23,726 |
| 90th percentile (highest-debt students) | $31,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $12,500 |
| Middle income | $12,500 |
| High income | $13,533 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,500 |
| Continuing-generation students | $13,582 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,875 |
| Independent students | $12,990 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. NAU.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at NAU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 88876 |
| Total Stafford loan amount | $1,914,119,797 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 575 |
| Total GI Bill amount | $4,666,301 |
| Average GI Bill amount per recipient | $8,115 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 139 |
| Total DoD amount | $336,057 |
| Average DoD amount per recipient | $2,418 |
References
More about our data sources and methodologies.