Number Received Financial Aid (All Undergraduate)
2,571
Percent Received Financial Aid(All Undergraduate)
97%
Average Aid Amount
$26,948
Number Received Financial Aid (Freshmen)
660
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Olivet Nazarene
For the academic year 2021-2022, a total of 2,571 students (97% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $26,948. For freshmen (Full-time, first-time degree-seeking undergraduate students), 660 students (100% of enrolled students) received financial aid.
The 2024 undergraduate tuition & fees at Olivet Nazarene University is $37,940, for reference.
All Undergraduate Students Financial Aid
For the academic year 2021-2022, a total of 2,571 students (97% of all students) have received grants or scholarships and the average received aid amount is $26,948. It includes federal, state, local, institutional, or other sources of grant aid. The following table describes the financial aid statistics by aid types at Olivet Nazarene University 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 | 2,571 | 97% | $26,948 |
| Pell Grants | 925 | 35% | $4,721 |
| Federal Student Loans | 1,843 | 70% | $6,357 |
Beginning Students Financial Aid
a total of 660 beginning students (100% of all freshmen) have received any financial aid and 660 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 Olivet Nazarene University.
| Type of Aid | Number Receiving Aid | Percent Receiving Aid | Average Amount of Aid Received |
|---|---|---|---|
| Any Student Financial Aid | 660 | 100% | - |
| Grants or Scholarship from All Sources | 660 | 100% | $29,708 |
| Federal Grants | 426 | 65% | $4,809 |
| Pell Grants | 257 | 39% | $4,806 |
| Other Federal Grants | 372 | 56% | $2,187 |
| State/Local Grants | 188 | 28% | $5,309 |
| Institutional Grants | 660 | 100% | $25,092 |
| Student Loans | 480 | 73% | $7,107 |
| Federal Student Loans | 479 | 73% | $5,361 |
| Other Student Loans | 66 | 10% | $12,774 |
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