by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from UNK.
$6,808.00 is the typical University of Nebraska at Kearney’s first year financial aid package. Financial aid is provided to about 95% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at University of Nebraska at Kearney.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The following numbers pertain to assistance that is supplied by University of Nebraska at Kearney.
68% of new students (576 total) were offered scholarships at University of Nebraska at Kearney, averaging $5,129.00 per person. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 63% of first years (534 total) were awarded federal grant aid, averaging $3,356.00 each.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 12.80% | $9,232.00 |
| Income 30k-48k | 10.19% | $9,301.00 |
| Income 48k-75k | 12.09% | $7,008.00 |
| Income 75k-110k | 12.44% | $3,856.00 |
| Income 110k + | 6.87% | $2,578.00 |
The table above shows undergrads who are getting Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
95% of the 844 undergraduates at University of Nebraska at Kearney receive some sort of grant aid. This is a total of about 716 students getting an average of $6,808.00 per person.
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.