Number Received Financial Aid (All Undergraduate)
2,442
Percent Received Financial Aid(All Undergraduate)
97%
Average Aid Amount
$27,191
Number Received Financial Aid (Freshmen)
681
Percent Received Financial Aid (Freshmen)
100%
Financial Aid Information at Olivet Nazarene
For the academic year 2023-2024, a total of 2,442 students (97% of undergraduate students) received one or more financial aid including grants, scholarships, and/or student loans. The average financial aid amount is $27,191. For freshmen (Full-time, first-time degree-seeking undergraduate students), 681 students (100% of enrolled students) received financial aid.
The 2025 undergraduate tuition & fees at Olivet Nazarene University is $38,900, for reference.
All Undergraduate Students Financial Aid
For the academic year 2023-2024, a total of 2,442 students (97% of all students) have received grants or scholarships and the average received aid amount is $27,191. 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 | 2,442 | 97% | $27,191 |
| Pell Grants | 890 | 35% | $4,991 |
| Federal Student Loans | 1,714 | 68% | $6,322 |
Beginning Students Financial Aid
a total of 681 beginning students (100% of all freshmen) have received any financial aid and 681 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 | 681 | 100% | - |
| Grants or Scholarship from All Sources | 681 | 100% | $27,899 |
| Federal Grants | 284 | 42% | $5,588 |
| Pell Grants | 279 | 41% | $5,131 |
| Other Federal Grants | 156 | 23% | $996 |
| State/Local Grants | 189 | 28% | $6,618 |
| Institutional Grants | 681 | 100% | $23,732 |
| Student Loans | 475 | 70% | $7,151 |
| Federal Student Loans | 473 | 69% | $5,356 |
| Other Student Loans | 67 | 10% | $12,891 |
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