by our College Data Analytics TeamA lot of students are not billed the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The total cost of going to University of Nebraska at Omaha can seem overpowering, but remember that the majority of students are given some form of financial assistance.
Just what financial aid solutions can UNOMAHA deliver, and just what are you going to be eligible for? Keep reading for answers. Keep reading to see just how much financial aid could be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Read on to get a sense of the financial assistance available at University of Nebraska at Omaha.
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 University of Nebraska at Omaha, 94% of new full-time first-years were awarded at least some aid around 1890 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 74% | $7,883 |
| Institutional grants & scholarships | 65% | $3,843 |
| Federal Pell grants | 44% | $5,923 |
| State/local grants | 27% | $2,680 |
| Federal student loans | 28% | $4,846 |
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 this school, some 76% of undergraduates were awarded an average grant or scholarship of $10,227 (across approximately 9045 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $10,227 |
| Federal Pell grants | 35% | $5,634 |
| Federal student loans | 26% | $6,041 |
Title-IV recipients living on campus saw average grant aid of $7,679.
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 | $10,253 |
| $30,001 – $75,000 | $11,561 |
| Over $75,000 | $16,906 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $13,441 |
| Off-campus title-IV students | $12,791 |
For a customized cost estimate, visit UNOMAHA’s net price calculator: webapp.unomaha.edu/net-price-calculator/.
The median student at UNOMAHA graduates with $12,750 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $12,750 |
| Median federal debt (graduates only) | $19,000 |
| Typical 10-year monthly payment (graduates) | $201.43/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. Use the percentiles below to see the debt range at UNOMAHA.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $23,949 |
| 90th percentile (highest-debt students) | $32,643 |
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 | $12,500 |
| Middle income | $12,308 |
| High income | $13,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,591 |
| Continuing-generation students | $13,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $16,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. UNOMAHA.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at UNOMAHA:
| Metric | Value |
|---|---|
| Stafford loan recipients | 40475 |
| Total Stafford loan amount | $811,417,606 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 408 |
| Total GI Bill amount | $2,756,412 |
| Average GI Bill amount per recipient | $6,756 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 210 |
| Total DoD amount | $618,336 |
| Average DoD amount per recipient | $2,944 |
References
More about our data sources and methodologies.