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How many students are received the students loans at Nichols College?

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For the academic year 2022-2023, total 289 full-time, first-time students (91% of all freshmen) have received student loans (federal or other source). For all undergraduate students, total 986 students (82% of all students) have received federal student loans and the average loan amount is $6,817 at Nichols College.

Below tables show the number and amount by source of financial aid at Nichols College.
All Undergraduate Student Financial Aid at Nichols College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid1,12893%$21,773
Pell Grants36730%$4,770
Federal Student Loans98682%$6,817
Beginning Students (Freshmen) Financial Aid at Nichols College
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid316100%-
Grants or Scholarship from All Sources316100%$26,515
Federal Grants9931%$4,572
Pell Grants9931%$4,225
Other Federal Grants8828%$391
State/Local Grants12640%$1,998
Institutional Grants316100%$24,286
Student Loans28991%$7,875
Federal Student Loans28991%$4,895
Other Student Loans5818%$14,849
see more grants, scholarship, student loans, and other financial aid stats

What is the Loans to students?

Any monies that must be repaid to the lending institution for which the student is the designated borrower. Includes all Title IV subsidized and unsubsidized loans and all institutionally and privately sponsored loans. Does not include PLUS and other loans made directly to parents.

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