by our College Data Analytics TeamA large number of students are not billed the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to Nelson University can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can Southwestern Assemblies of God University deliver, and just what are you going to be eligible for? Keep reading for answers. Read on to find out just how much financial aid will be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from Nelson 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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
At Nelson University, 99% of new full-time first-years were awarded at least some aid some 276 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 96% | $12,075 |
| Institutional grants & scholarships | 87% | $8,064 |
| Federal Pell grants | 50% | $5,559 |
| State/local grants | 33% | $4,906 |
| Federal student loans | 64% | $5,011 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, some 89% of undergrads got grants or scholarships worth on average $11,833 (among about 1251 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $11,833 |
| Federal Pell grants | 48% | $5,301 |
| Federal student loans | 61% | $6,591 |
For students living on campus and receiving title-IV aid, grants averaged $12,842.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $17,390 |
| $30,001 – $75,000 | $18,815 |
| Over $75,000 | $22,094 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $21,662 |
| Off-campus title-IV students | $19,655 |
For a customized cost estimate, visit Southwestern Assemblies of God University’s net price calculator: connect.nelson.edu/register/?id=a906aa05-ca73-4dca-9db2-875d4df2305b.
A typical borrower at Southwestern Assemblies of God University leaves with $14,750 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,750 |
| Median federal debt (graduates only) | $24,725 |
| Typical 10-year monthly payment (graduates) | $262.13/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Southwestern Assemblies of God University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $26,500 |
| 90th percentile (highest-debt students) | $39,500 |
Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $14,250 |
| Middle income | $14,995 |
| High income | $15,250 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,963 |
| Continuing-generation students | $14,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $13,000 |
| Independent students | $16,634 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Southwestern Assemblies of God University.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Southwestern Assemblies of God University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 9696 |
| Total Stafford loan amount | $231,987,337 |
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 | 35 |
| Total GI Bill amount | $278,324 |
| Average GI Bill amount per recipient | $7,952 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $3,000 |
| Average DoD amount per recipient | $3,000 |
References
More about our data sources and methodologies.