by our College Data Analytics TeamThe majority 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 price of attendance at University of Nebraska-Lincoln can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial aid options can UNL offer, and what will you qualify for? Keep reading for more information. Read on to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from University of Nebraska-Lincoln.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Bear in mind that not all aid is equal, and the amount any one student receives can vary widely.
For freshmen starting at University of Nebraska-Lincoln, 96% of first-year full-time students received aid of some kind roughly 4511 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 94% | $10,541 |
| Institutional grants & scholarships | 92% | $8,732 |
| Federal Pell grants | 25% | $5,391 |
| State/local grants | 16% | $2,255 |
| Federal student loans | 39% | $4,981 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, approximately 85% of undergraduate students received gift aid averaging $10,570 (across roughly 16364 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $10,570 |
| Federal Pell grants | 23% | $5,249 |
| Federal student loans | 33% | $5,783 |
For students living on campus and receiving title-IV aid, grants averaged $8,950.
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 | $12,277 |
| $30,001 – $75,000 | $14,123 |
| Over $75,000 | $21,399 |
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 | $17,747 |
| Off-campus title-IV students | $17,424 |
For an estimate tailored to your family circumstances, see UNL’s NPC: financialaid.unl.edu/net-price-calculator.
The median federal debt load at UNL comes to $14,750 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,750 |
| Median federal debt (graduates only) | $21,000 |
| Typical 10-year monthly payment (graduates) | $222.63/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at UNL.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $5,500 |
| 75th percentile | $25,392 |
| 90th percentile (highest-debt students) | $31,000 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $13,500 |
| Middle income | $13,318 |
| High income | $15,970 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,194 |
| Continuing-generation students | $15,000 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,500 |
| Independent students | $17,607 |
A handful of calculated indicators summarize the debt outlook at UNL.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The aggregate figures below show how active the program is at UNL:
| Metric | Value |
|---|---|
| Stafford loan recipients | 56853 |
| Total Stafford loan amount | $1,012,984,408 |
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 | 315 |
| Total GI Bill amount | $2,588,026 |
| Average GI Bill amount per recipient | $8,216 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 108 |
| Total DoD amount | $388,281 |
| Average DoD amount per recipient | $3,595 |
References
More about our data sources and methodologies.