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What is the average financial aid amount at Olivet Nazarene University?

For the academic year 2022-2023, total 660 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 2,571 students (97% of all students) received grants or scholarships and the average grant amount is $26,948. In addition, 1,843 students received student loans and the average loan amount is $6,357.

Below tables show the number and amount by source of financial aid at Olivet Nazarene University.
All Undergraduate Student Financial Aid at Olivet Nazarene University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Federal, state, local, institutional or other grant aid2,57197%$26,948
Pell Grants92535%$4,721
Federal Student Loans1,84370%$6,357
Beginning Students (Freshmen) Financial Aid at Olivet Nazarene University
Type of AidNumber Receiving AidPercent Receiving AidAverage Amount of Aid Received
Any Student Financial Aid660100%-
Grants or Scholarship from All Sources660100%$29,708
Federal Grants42665%$4,809
Pell Grants25739%$4,806
Other Federal Grants37256%$2,187
State/Local Grants18828%$5,309
Institutional Grants660100%$25,092
Student Loans48073%$7,107
Federal Student Loans47973%$5,361
Other Student Loans6610%$12,774

Know more about Olivet Nazarene

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