Number Received Financial Aid (All Undergraduate)
1,128
Percent Received Financial Aid(All Undergraduate)
93%
Average Aid Amount
$21,773
Number Received Financial Aid (Freshmen)
316
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Nichols
For the academic year 2021-2022, a total of 1,128 students (93% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $21,773. For freshmen (Full-time, first-time degree-seeking undergraduate students), 316 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Nichols College is $40,375, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 1,128 students (93% of all students) have received grants or scholarships and the average received aid amount is $21,773. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Nichols College for all undergraduate students.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,128 | 93% | $21,773 |
| Pell Grants | 367 | 30% | $4,770 |
| Federal Student Loans | 986 | 82% | $6,817 |
Beginning Students Financial Aid
a total of 316 beginning students (100% of all freshmen) have received any financial aid and 316 students (100% of all freshmen) awarded any student loans. The headcount includes the number of full-time, first-time degree-seeking beginning undergraduate students. The below table shows the number and amount by the source of financial aid at Nichols College.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 316 | 100% | - |
| Grants or Scholarship from All Sources | 316 | 100% | $26,515 |
| Federal Grants | 99 | 31% | $4,572 |
| Pell Grants | 99 | 31% | $4,225 |
| Other Federal Grants | 88 | 28% | $391 |
| State/Local Grants | 126 | 40% | $1,998 |
| Institutional Grants | 316 | 100% | $24,286 |
| Student Loans | 289 | 91% | $7,875 |
| Federal Student Loans | 289 | 91% | $4,895 |
| Other Student Loans | 58 | 18% | $14,849 |
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