Over the past 10 years (2013-2022), 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.

For full-time, first-time beginning students (freshmen), 97.44% of students received grants or scholarships and 86% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table shows 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.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-142,168 (73%)$10,4951,000 (34%)$3,9232,098 (71%)$9,194
2014-152,403 (83%)$9,8141,189 (41%)$3,6832,378 (83%)$8,861
2015-162,132 (73%)$10,573979 (33%)$4,0082,028 (69%)$9,295
2016-172,120 (70%)$10,201944 (31%)$3,9472,067 (68%)$9,342
2017-182,010 (68%)$10,799915 (31%)$4,5361,913 (65%)$9,824
2018-191,810 (64%)$12,000847 (30%)$4,3781,776 (63%)$9,623
2019-201,663 (63%)$13,724683 (26%)$4,5671,633 (62%)$9,016
2020-211,459 (65%)$15,155583 (26%)$4,7931,456 (65%)$8,569
2021-221,432 (68%)$16,217507 (24%)$4,9801,385 (65%)$8,595
Average1,911 (69.67%)$12,109850 (30.67%)$4,3131,859 (67.89%)$9,147
*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.

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

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
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-14291 (98%)$14,919253 (85%)$7,405
2014-15319 (94%)$14,245282 (83%)$7,830
2015-16324 (97%)$14,779291 (87%)$7,482
2016-17320 (99%)$14,369274 (85%)$8,025
2017-18259 (98%)$17,327225 (86%)$8,714
2018-19249 (96%)$20,673224 (86%)$7,555
2019-20275 (98%)$20,736253 (90%)$7,704
2020-21242 (98%)$20,911221 (89%)$7,541
2021-22267 (99%)$20,925227 (84%)$7,652
Average283 (97.44%)$17,654250 (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.

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) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-1486 (29%)$4,37954 (18%)$678156 (52%)$1,717283 (95%)$12,934
2014-1599 (29%)$4,82361 (18%)$684169 (50%)$1,968302 (89%)$12,226
2015-16100 (30%)$4,73649 (15%)$600172 (51%)$2,143312 (93%)$12,554
2016-1784 (26%)$4,45744 (14%)$600144 (45%)$2,145319 (99%)$12,190
2017-1877 (29%)$4,78445 (17%)$600124 (47%)$2,488258 (98%)$14,666
2018-1974 (28%)$4,97848 (18%)$606114 (44%)$3,056248 (95%)$17,749
2019-2064 (23%)$5,05251 (18%)$600124 (44%)$3,330274 (98%)$18,013
2020-2163 (26%)$5,32652 (21%)$655108 (44%)$3,686238 (96%)$18,037
2021-2263 (23%)$5,49065 (24%)$2,423156 (58%)$3,646264 (98%)$17,102
Average79 (27.00%)$4,89252 (18.11%)$827141 (48.33%)$2,687278 (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.

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.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14253 (85%)$7,405252 (85%)$5,87436 (12%)$10,921
2014-15282 (83%)$7,830282 (83%)$6,88422 (7%)$12,125
2015-16291 (87%)$7,482290 (87%)$5,85035 (10%)$13,731
2016-17274 (85%)$8,025273 (85%)$5,74836 (11%)$17,489
2017-18225 (86%)$8,714223 (85%)$5,86543 (16%)$15,180
2018-19224 (86%)$7,555224 (86%)$5,85926 (10%)$14,609
2019-20253 (90%)$7,704253 (90%)$5,55632 (11%)$16,984
2020-21221 (89%)$7,541220 (89%)$5,56926 (11%)$16,970
2021-22227 (84%)$7,652227 (84%)$5,63134 (13%)$13,498
Average250 (86.11%)$7,768249 (86.00%)$5,87132 (11.22%)$14,612

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