Scholarships, Grants, and Loan Trends at Nova Southeastern

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 4,633, which is 88.56 % of all undergraduate students. 2,644 students which is 51.33% of undergraduate students received federal student loans and the average loan amount is $8,464.
For full-time, first-time beginning students (freshmen), 99.22% of students received grants or scholarships and 47% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Nova Southeastern University since 2013.
For that period, the average number of students who received grants aid/scholarships is 4,633, which is 88.56 % of all undergraduate students. 2,644 students which is 51.33% of undergraduate students received federal student loans and the average loan amount is $8,464.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-144,267 (83%)$11,9142,276 (44%)$4,0592,983 (58%)$9,516
2014-153,909 (83%)$13,2651,979 (42%)$4,1792,629 (56%)$9,624
2015-163,895 (84%)$13,8311,940 (42%)$4,1632,533 (55%)$9,465
2016-173,709 (86%)$15,2891,747 (41%)$4,2622,333 (54%)$9,172
2017-183,910 (87%)$17,0051,796 (40%)$4,5912,301 (51%)$8,294
2018-194,467 (91%)$19,1951,940 (40%)$4,9252,426 (49%)$8,002
2019-205,258 (93%)$20,1862,316 (41%)$5,0022,796 (49%)$7,676
2020-215,864 (93%)$21,1122,470 (39%)$5,1092,886 (46%)$7,373
2021-226,422 (97%)$21,3492,586 (39%)$5,2102,913 (44%)$7,054
Average4,633 (88.56%)$17,0162,117 (40.89%)$4,6112,644 (51.33%)$8,464

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

For the last 10 years, on average, 1,050 (99.22 % of students) received grants or scholarships and its average amount is $21,044. It can cover 56.75% of tuition & fees ($37,080).
In addition, 492 (47.22 % of students) students get helped from the students loans (average amount : $7,765).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14595 (97%)$17,264306 (50%)$8,399
2014-15547 (97%)$18,248263 (47%)$8,244
2015-16633 (100%)$18,110289 (46%)$6,914
2016-17645 (100%)$19,075331 (51%)$7,764
2017-18964 (99%)$21,435466 (48%)$7,417
2018-191,239 (100%)$23,448594 (48%)$7,393
2019-201,506 (100%)$24,112678 (45%)$8,030
2020-211,673 (100%)$23,747766 (46%)$7,545
2021-221,649 (100%)$23,958734 (44%)$8,180
Average1,050 (99.22%)$21,044492 (47.22%)$7,765
*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.
The following table shows the trends of grants or scholarships over time. For the last 10 years, on average, 412 (37.78 % of students) received Pell (federal) grants and its average amount is $5,112.
In addition, 580 students received State/local government grants/scholarships (55.56 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14246 (40%)$4,589125 (20%)$1,740387 (63%)$4,620578 (94%)$12,349
2014-15201 (36%)$4,55695 (17%)$1,737342 (61%)$4,971537 (95%)$13,410
2015-16208 (33%)$5,16790 (14%)$1,926363 (57%)$4,302631 (100%)$13,714
2016-17193 (30%)$5,279107 (17%)$2,117314 (49%)$4,837643 (99%)$14,835
2017-18364 (37%)$5,747200 (20%)$1,885497 (51%)$6,790954 (98%)$15,535
2018-19487 (39%)$5,171315 (25%)$1,863688 (55%)$7,4211,239 (100%)$16,821
2019-20616 (41%)$5,110353 (23%)$2,053892 (59%)$6,1811,505 (100%)$17,892
2020-21687 (41%)$5,188398 (24%)$2,235898 (54%)$5,9221,672 (100%)$17,916
2021-22704 (43%)$5,198998 (60%)$1,911838 (51%)$4,8301,642 (99%)$18,205
Average412 (37.78%)$5,112298 (24.44%)$1,941580 (55.56%)$5,5421,045 (98.33%)$15,631
*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..
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, 492 (47.22 % of students) get any students loan help and its average loan amount is $492.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14306 (50%)$8,399305 (50%)$6,89927 (4%)$17,263
2014-15263 (47%)$8,244259 (46%)$6,39529 (5%)$17,642
2015-16289 (46%)$6,914286 (45%)$5,51531 (5%)$13,581
2016-17331 (51%)$7,764325 (50%)$5,86842 (6%)$15,778
2017-18466 (48%)$7,417457 (47%)$5,42167 (7%)$14,613
2018-19594 (48%)$7,393588 (47%)$5,33284 (7%)$14,953
2019-20678 (45%)$8,030660 (44%)$5,223127 (8%)$15,725
2020-21766 (46%)$7,545747 (45%)$5,272125 (7%)$14,731
2021-22734 (44%)$8,180702 (43%)$5,125130 (8%)$18,511
Average492 (47.22%)$7,765481 (46.33%)$5,67274 (6.33%)$15,866
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