For the academic year 2022-2023, total 269 full-time, first-time students (100% of all freshmen) awarded any student financial aid. The headcount includes the number of full-time, first-time degree seeking beginning undergraduate students.
For all undergraduate students, total 1,432 students (68% of all students) received grants or scholarships and the average grant amount is $16,217. In addition, 1,385 students received student loans and the average loan amount is $8,595.
Below tables show the number and amount by source of financial aid at Northwood University.
For all undergraduate students, total 1,432 students (68% of all students) received grants or scholarships and the average grant amount is $16,217. In addition, 1,385 students received student loans and the average loan amount is $8,595.
Below tables show the number and amount by source of financial aid at Northwood University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Federal, state, local, institutional or other grant aid | 1,432 | 68% | $16,217 |
| Pell Grants | 507 | 24% | $4,980 |
| Federal Student Loans | 1,385 | 65% | $8,595 |
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 269 | 100% | - |
| Grants or Scholarship from All Sources | 267 | 99% | $20,925 |
| Federal Grants | 128 | 48% | $3,933 |
| Pell Grants | 63 | 23% | $5,490 |
| Other Federal Grants | 65 | 24% | $2,423 |
| State/Local Grants | 156 | 58% | $3,646 |
| Institutional Grants | 264 | 98% | $17,102 |
| Student Loans | 227 | 84% | $7,652 |
| Federal Student Loans | 227 | 84% | $5,631 |
| Other Student Loans | 34 | 13% | $13,498 |
What is the Financial aid?
Federal Work Study, grants, loans to students (government and/or private), assistantships, scholarships, fellowships, tuition waivers, tuition discounts, employer aid (tuition reimbursement) and other monies (other than from relatives/friends) provided to students to meet expenses. This excludes loans to parents.
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