How Much Financial Aid is Offered?
Northern Illinois University's average financial aid offer for incoming freshmen is $16,902. Approximately 92.0% of first year students obtain some money for college, the majority of which is in the form of scholarships and grants.
Financial aid helps lower the cost, or the full retail price of the institution. However, bear in mind that the only true college discount are scholarships & grants.
A college loan is not a true college discount, but rather an outcome to consider. Learn how much student loan debt from NIU you may end up taking on.
How Much Aid Is Available in Grants & Scholarships?
The below numbers apply to grants and scholarships primarily supplied by the college itself.
82.0% of incoming freshmen (1,823 total) were awarded scholarships at Northern Illinois University, averaging $5,858 per person. This ranks in the middle 20th percentile of all schools nationwide.
In addition to scholarships, 48.0% of freshmen (1,075 total) received a federal grant, averaging $4,620 per person.
How are grants and scholarships distributed to freshmen at NIU? View the graph listed below.
Grants are typically based on need while scholarships are merit-based.
Amount of Aid Per Family Income
The next chart shows scholarship and grant distributions by income for freshman students getting any sort of federal Title IV assistance, including Federal PLUS loans.
|Income Level||Percent of Freshman||Average Assistance|
|Income 110k +||14.2%||$4,363|
Title IV aid features grants, loans, or work-study given from the federal government typically based on financial need. Learn more here.
$8,273 is the Average Sum an Undergraduate Gets in Grants or Scholarships
10,583 NIU undergrads get grants (this is about 70.0% of the total student body). The usual amount these students get is $8,273
Financial Aid Links from Northern Illinois University
|Financial Aid Department Website||www.niu.edu/fa/|
|Net Price Calculator||www.niu.edu/bursar/tuition/estimator.shtml|