How NKU's Financial Aid Changes

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Northern Kentucky University since 2011.

For that period, the average number of students who received grants aid/scholarships is 8,987, which is 73.73 % of all undergraduate students. 5,832 students which is 47.09% of undergraduate students received federal student loans and the average loan amount is $6,882.

Year	Grant or Scholarship^*		Pell Grants		Federal Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	8,433 (65%)	$5,529	4,543 (35%)	$4,293	7,173 (55%)	$7,018
2012-13	8,495 (65%)	$6,029	4,382 (34%)	$4,361	7,145 (55%)	$7,272
2013-14	8,588 (67%)	$6,528	4,371 (34%)	$4,394	6,925 (54%)	$7,179
2014-15	8,562 (67%)	$6,866	4,277 (33%)	$4,480	6,589 (51%)	$7,120
2015-16	8,459 (68%)	$7,304	4,044 (32%)	$4,553	6,213 (50%)	$6,742
2016-17	9,059 (73%)	$6,939	3,833 (31%)	$4,562	5,910 (48%)	$6,608
2017-18	9,371 (76%)	$7,472	3,796 (31%)	$4,894	5,709 (46%)	$6,403
2018-19	9,285 (78%)	$7,591	3,434 (29%)	$4,995	5,260 (44%)	$6,804
2019-20	9,436 (80%)	$7,586	3,255 (27%)	$4,981	5,041 (42%)	$6,827
2020-21	9,623 (84%)	$7,924	2,943 (26%)	$5,289	4,368 (38%)	$6,816
2021-22	9,542 (88%)	$8,828	2,821 (26%)	$5,243	3,818 (35%)	$6,909
Average	8,987 (73.73%)	$7,145	3,791 (30.73%)	$4,731	5,832 (47.09%)	$6,882

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

For the last 12 years, on average, 1,844 (91.73 % of students) received grants or scholarships and its average amount is $8,287. It can cover 38.58% of tuition & fees ($21,480) based on out-of-state rate.

In addition, 1,133 (55.45 % of students) students get helped from the students loans (average amount : $5,752).

Year	Grants or Scholarships^*		Student Loans
Year	Number Received (percent^**)	Average Amount	Number Received (percent^**)	Average Amount
2011-12	1,852 (84%)	$5,559	1,393 (63%)	$5,623
2012-13	1,764 (86%)	$5,798	1,234 (60%)	$5,891
2013-14	1,863 (84%)	$7,130	1,320 (60%)	$5,790
2014-15	1,841 (86%)	$7,286	1,258 (59%)	$5,711
2015-16	1,919 (87%)	$7,913	1,271 (58%)	$5,461
2016-17	1,893 (90%)	$8,295	1,185 (56%)	$5,480
2017-18	2,026 (97%)	$8,941	1,212 (58%)	$5,480
2018-19	1,902 (98%)	$8,981	1,103 (57%)	$6,053
2019-20	1,868 (98%)	$9,636	1,031 (54%)	$6,052
2020-21	1,735 (99%)	$10,343	764 (43%)	$5,689
2021-22	1,623 (100%)	$11,275	691 (42%)	$6,037
Average	1,844 (91.73%)	$8,287	1,133 (55.45%)	$5,752

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. For the last 12 years, on average, 743 (36.45 % of students) received Pell (federal) grants and its average amount is $4,793.

In addition, 1,289 students received State/local government grants/scholarships (63.82 % of students).

Year	Federal (Pell) Grants		Other Federal		State/Local government		Institutional
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	880 (40%)	$4,410	89 (4%)	$3,603	1,364 (62%)	$1,900	850 (38%)	$4,120
2012-13	785 (38%)	$4,366	85 (4%)	$3,622	1,256 (61%)	$1,821	1,001 (49%)	$4,201
2013-14	843 (38%)	$4,554	78 (4%)	$3,493	1,272 (57%)	$2,137	1,131 (51%)	$5,706
2014-15	811 (38%)	$4,529	71 (3%)	$3,554	1,334 (62%)	$2,066	1,212 (57%)	$5,555
2015-16	818 (37%)	$4,645	64 (3%)	$4,338	1,329 (60%)	$2,225	1,345 (61%)	$6,060
2016-17	797 (38%)	$4,621	47 (2%)	$3,159	1,399 (66%)	$2,265	1,277 (61%)	$6,815
2017-18	816 (39%)	$4,960	67 (3%)	$3,437	1,384 (67%)	$2,363	1,706 (82%)	$6,193
2018-19	685 (35%)	$5,114	109 (6%)	$2,875	1,360 (70%)	$2,380	1,612 (83%)	$6,222
2019-20	674 (35%)	$4,957	66 (3%)	$1,790	1,275 (67%)	$2,493	1,601 (84%)	$7,097
2020-21	523 (30%)	$5,330	50 (3%)	$1,744	1,125 (64%)	$2,483	1,679 (95%)	$7,312
2021-22	537 (33%)	$5,237	119 (7%)	$1,954	1,084 (66%)	$2,784	1,589 (97%)	$7,701
Average	743 (36.45%)	$4,793	77 (3.82%)	$3,052	1,289 (63.82%)	$2,265	1,364 (68.91%)	$6,089

^*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.

^**percentage of number of students receiving aids among all undergraduate students..

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.

For the last 12 years, on average, 1,133 (55.45 % of students) get any students loan help and its average loan amount is $1,133.

Year	Total		Federal student loans		Other student loans
Year	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount	Number Received (percent)	Average Amount
2011-12	1,393 (63%)	$5,623	1,386 (63%)	$5,332	46 (2%)	$9,630
2012-13	1,234 (60%)	$5,891	1,225 (60%)	$5,604	55 (3%)	$7,349
2013-14	1,320 (60%)	$5,790	1,306 (59%)	$5,408	67 (3%)	$8,674
2014-15	1,258 (59%)	$5,711	1,247 (58%)	$5,342	60 (3%)	$8,717
2015-16	1,271 (58%)	$5,461	1,260 (57%)	$5,067	53 (2%)	$10,500
2016-17	1,185 (56%)	$5,480	1,172 (56%)	$5,041	65 (3%)	$9,013
2017-18	1,212 (58%)	$5,480	1,189 (57%)	$4,897	90 (4%)	$9,110
2018-19	1,103 (57%)	$6,053	1,089 (56%)	$5,224	104 (5%)	$9,493
2019-20	1,031 (54%)	$6,052	1,016 (53%)	$5,213	95 (5%)	$9,926
2020-21	764 (43%)	$5,689	754 (43%)	$4,988	58 (3%)	$10,090
2021-22	691 (42%)	$6,037	678 (42%)	$5,200	60 (4%)	$10,765
Average	1,133 (55.45%)	$5,752	1,120 (54.91%)	$5,211	68 (3.36%)	$9,388

Scholarships, Grants, and Loan Trends at NKU

All Undergraduate Students Financial Aid Over Time

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

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