Number Received Financial Aid (All Undergraduate)
1,103
Percent Received Financial Aid(All Undergraduate)
95%
Average Aid Amount
$22,889
Number Received Financial Aid (Freshmen)
317
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Nichols
For the academic year 2023-2024, a total of 1,103 students (95% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $22,889. For freshmen (Full-time, first-time degree-seeking undergraduate students), 317 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Nichols College is $42,705, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 1,103 students (95% of all students) have received grants or scholarships and the average received aid amount is $22,889. 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 | 1,103 | 95% | $22,889 |
| Pell Grants | 354 | 30% | $5,094 |
| Federal Student Loans | 862 | 74% | $6,813 |
Beginning Students Financial Aid
a total of 317 beginning students (100% of all freshmen) have received any financial aid and 305 students (96% 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 | 317 | 100% | - |
| Grants or Scholarship from All Sources | 302 | 95% | $24,720 |
| Federal Grants | 98 | 31% | $5,780 |
| Pell Grants | 98 | 31% | $5,222 |
| Other Federal Grants | 91 | 29% | $602 |
| State/Local Grants | 69 | 22% | $3,470 |
| Institutional Grants | 300 | 95% | $22,198 |
| Student Loans | 245 | 77% | $9,994 |
| Federal Student Loans | 236 | 74% | $5,400 |
| Other Student Loans | 69 | 22% | $17,015 |
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