by our College Data Analytics TeamA large number of students will never be charged 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 sum total of attendance at Northwestern State University of Louisiana can sound overpowering, but remember that the majority of students get some type of financial assistance.
What financing options does NSU offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to see what amount of financial assistance could be accessible to you.
How much aid you qualify for depends largely on your family’s financial circumstances. Use the information below to understand how much financial assistance you may get from Northwestern State University of Louisiana.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At Northwestern State University of Louisiana, 97% of entering full-time freshmen got some type of financial assistance some 1006 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 93% | $12,098 |
| Institutional grants & scholarships | 69% | $5,177 |
| Federal Pell grants | 55% | $6,231 |
| State/local grants | 81% | $5,003 |
| Federal student loans | 48% | $5,363 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At NSU, about 86% of undergrads got grants or scholarships worth on average $8,495 (for some 6784 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 86% | $8,495 |
| Federal Pell grants | 35% | $5,918 |
| Federal student loans | 35% | $6,972 |
For students living on campus and receiving title-IV aid, grants averaged $11,825.
The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,186 |
| $30,001 – $75,000 | $13,138 |
| Over $75,000 | $17,726 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $13,606 |
| Off-campus title-IV students | $13,809 |
For an estimate tailored to your family circumstances, see NSU’s net price tool: www.nsula.edu/NetPriceCalculator/.
Graduating students at NSU carry a median federal student debt of $15,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,000 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at NSU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,000 |
| 25th percentile | $5,500 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $36,250 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $14,750 |
| Middle income | $15,750 |
| High income | $14,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,250 |
| Continuing-generation students | $13,486 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,000 |
| Independent students | $18,314 |
These indicators are derived from the underlying debt data and summarize the overall picture at NSU.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at NSU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 40701 |
| Total Stafford loan amount | $936,986,917 |
Military-affiliated students can tap the Post-9/11 GI Bill and DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 157 |
| Total GI Bill amount | $534,487 |
| Average GI Bill amount per recipient | $3,404 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 152 |
| Total DoD amount | $230,245 |
| Average DoD amount per recipient | $1,515 |
References
More about our data sources and methodologies.