by our College Data Analytics TeamFinancial 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.
What amount of Northern Oklahoma College financial assistance will actually be available to you?Get answers to your questions here.
Northern Oklahoma College average financial aid offer for freshmen students is $4,238.00. Financial aid is provided to about 56% of first-year students, with the bulk of support coming in the form of loans.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Concerned about the loans that may be included in your financial aid package? See the average amount of debt per student at Northern Oklahoma College.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The stats below refer to aid that is provided by Northern Oklahoma College.
8% of incoming freshmen (54 total) were given scholarships at Northern Oklahoma College, averaging $3,307.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 35% of first-year students (244 total) got federal grant aid, averaging $4,172.00 per person.
The table shows scholarship and grant allocations by income for first-year students receiving any type of federal Title IV assistance, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 18.50% | $5,960.00 |
| Income 30k-48k | 9.10% | $5,320.00 |
| Income 48k-75k | 7.37% | $2,672.00 |
| Income 75k-110k | 0.87% | $733.00 |
| Income 110k + | 0.58% | $312.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
56% of the 692 undergraduates at Northern Oklahoma College receive some sort of grant aid. This is a total of about 352 students getting an average of $4,238.00 per person.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.