by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Discover the financial aid possibilities at NWOSU and learn what assistance you might qualify for by continuing to read.
$7,037.00 is the typical Northwestern Oklahoma State University’s first year financial aid package. A significant 97% of freshmen benefit from financial aid, with the main type being grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
Worried about the student loans that might be part of a financing offer? View the average amount of debt per student at Northwestern Oklahoma State University.
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 next numbers refer to grants and scholarships mainly supplied by the college itself.
87% of new students (299 total) were offered scholarships at Northwestern Oklahoma State University, averaging $4,747.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 53% of freshmen (180 total) obtained a federal grant, for about $4,804.00 a piece.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 20.47% | $10,192.00 |
| Income 30k-48k | 12.28% | $9,999.00 |
| Income 48k-75k | 11.70% | $5,068.00 |
| Income 75k-110k | 10.82% | $3,287.00 |
| Income 110k + | 2.63% | $2,383.00 |
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.
Of the 342 undergraduate students at Northwestern Oklahoma State University around 97% (328 total) receive some form of grant aid. The typical amount awarded was $7,037.00.
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.