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.
Interested in understanding the financial aid resources available at Union College and your eligibility? Find the answers you seek below.
Union College Nebraska average financial aid offer for freshmen students is $13,280.00. A significant 100% 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.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Union College Nebraska.
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 following numbers apply to scholarships and grants largely offered by the school itself.
100% of incoming freshmen (126 total) were given scholarships at Union College Nebraska, averaging $10,814.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
As well as scholarships, 42% of first-year students (53 total) got a federal grant, for about $6,613.00 per person.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 23.02% | $16,659.00 |
| Income 30k-48k | 13.49% | $14,005.00 |
| Income 48k-75k | 11.90% | $19,098.00 |
| Income 75k-110k | 15.08% | $11,862.00 |
| Income 110k + | 24.60% | $9,945.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
100% of the 126 undergraduates at Union College Nebraska receive some sort of grant aid. This is a total of about 126 students getting an average of $13,280.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
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