How NU's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Northwood University since 2013.

For that period, the average number of students who received grants aid/scholarships is 1,911, which is 69.67 % of all undergraduate students. 1,859 students which is 67.89% of undergraduate students received federal student loans and the average loan amount is $9,147.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	2,168 (73%)	$10,495	1,000 (34%)	$3,923	2,098 (71%)	$9,194
2014-15	2,403 (83%)	$9,814	1,189 (41%)	$3,683	2,378 (83%)	$8,861
2015-16	2,132 (73%)	$10,573	979 (33%)	$4,008	2,028 (69%)	$9,295
2016-17	2,120 (70%)	$10,201	944 (31%)	$3,947	2,067 (68%)	$9,342
2017-18	2,010 (68%)	$10,799	915 (31%)	$4,536	1,913 (65%)	$9,824
2018-19	1,810 (64%)	$12,000	847 (30%)	$4,378	1,776 (63%)	$9,623
2019-20	1,663 (63%)	$13,724	683 (26%)	$4,567	1,633 (62%)	$9,016
2020-21	1,459 (65%)	$15,155	583 (26%)	$4,793	1,456 (65%)	$8,569
2021-22	1,432 (68%)	$16,217	507 (24%)	$4,980	1,385 (65%)	$8,595
Average	1,911 (69.67%)	$12,109	850 (30.67%)	$4,313	1,859 (67.89%)	$9,147

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Overview

For the last 10 years, on average, 283 (97.44 % of students) received grants or scholarships and its average amount is $17,654. It can cover 53.50% of tuition & fees ($33,000).

In addition, 250 (86.11 % of students) students get helped from the students loans (average amount : $7,768).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2013-14	291 (98%)	$14,919	253 (85%)	$7,405
2014-15	319 (94%)	$14,245	282 (83%)	$7,830
2015-16	324 (97%)	$14,779	291 (87%)	$7,482
2016-17	320 (99%)	$14,369	274 (85%)	$8,025
2017-18	259 (98%)	$17,327	225 (86%)	$8,714
2018-19	249 (96%)	$20,673	224 (86%)	$7,555
2019-20	275 (98%)	$20,736	253 (90%)	$7,704
2020-21	242 (98%)	$20,911	221 (89%)	$7,541
2021-22	267 (99%)	$20,925	227 (84%)	$7,652
Average	283 (97.44%)	$17,654	250 (86.11%)	$7,768

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

Grants/Scholarship

The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 79 (27.00 % of students) received Pell (federal) grants and its average amount is $4,892.

In addition, 141 students received State/local government grants/scholarships (48.33 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	86 (29%)	$4,379	54 (18%)	$678	156 (52%)	$1,717	283 (95%)	$12,934
2014-15	99 (29%)	$4,823	61 (18%)	$684	169 (50%)	$1,968	302 (89%)	$12,226
2015-16	100 (30%)	$4,736	49 (15%)	$600	172 (51%)	$2,143	312 (93%)	$12,554
2016-17	84 (26%)	$4,457	44 (14%)	$600	144 (45%)	$2,145	319 (99%)	$12,190
2017-18	77 (29%)	$4,784	45 (17%)	$600	124 (47%)	$2,488	258 (98%)	$14,666
2018-19	74 (28%)	$4,978	48 (18%)	$606	114 (44%)	$3,056	248 (95%)	$17,749
2019-20	64 (23%)	$5,052	51 (18%)	$600	124 (44%)	$3,330	274 (98%)	$18,013
2020-21	63 (26%)	$5,326	52 (21%)	$655	108 (44%)	$3,686	238 (96%)	$18,037
2021-22	63 (23%)	$5,490	65 (24%)	$2,423	156 (58%)	$3,646	264 (98%)	$17,102
Average	79 (27.00%)	$4,892	52 (18.11%)	$827	141 (48.33%)	$2,687	278 (95.67%)	$15,052

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

Student Loans

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 10 years, on average, 250 (86.11 % of students) get any students loan help and its average loan amount is $250.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2013-14	253 (85%)	$7,405	252 (85%)	$5,874	36 (12%)	$10,921
2014-15	282 (83%)	$7,830	282 (83%)	$6,884	22 (7%)	$12,125
2015-16	291 (87%)	$7,482	290 (87%)	$5,850	35 (10%)	$13,731
2016-17	274 (85%)	$8,025	273 (85%)	$5,748	36 (11%)	$17,489
2017-18	225 (86%)	$8,714	223 (85%)	$5,865	43 (16%)	$15,180
2018-19	224 (86%)	$7,555	224 (86%)	$5,859	26 (10%)	$14,609
2019-20	253 (90%)	$7,704	253 (90%)	$5,556	32 (11%)	$16,984
2020-21	221 (89%)	$7,541	220 (89%)	$5,569	26 (11%)	$16,970
2021-22	227 (84%)	$7,652	227 (84%)	$5,631	34 (13%)	$13,498
Average	250 (86.11%)	$7,768	249 (86.00%)	$5,871	32 (11.22%)	$14,612

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Scholarships, Grants, and Loan Trends at NU

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time