Fact Book

2011-2012 ACADEMIC YEAR

Percent of Financial Aid Received by Students

  • A total of 7,481 (77%) enrolled NMU students filed a FAFSA for the 2011-2012 Academic Year.
  • Eighty-three percent (83%) or 8,115 students received financial aid.
  • Eighty-nine percent (89%) or 1,661 of new freshmen students received financial aid.
  • Thirty-eight percent (38%) off enrolled students, forty-nine percent (49% ) of FAFSA filers, received a Pell Grant.
  • Fifty-four percent (54%) received self-help need based aid.

Financial Aid From All Sources

TOTAL

$ 87,620,769

 

 
Grants

$ 22,350,085

Scholarships

$ 15,494,083

Loans

$ 48,810,798

Work-Study

$      965,803

Financial Aid Awarded

  • NMU enrolled students received $ 87,620,769 in financial aid from all sources.  (This excludes students who withdrew or dropped everything.)
  • Pell Grants awarded totaled $ 14,067,228.
  • The average amount of financial aid awarded per student was $ 10,770.
  • The average financial aid loan indebtedness per borrower was $ 7,655.

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2010-2011 ACADEMIC YEAR

Percent of Financial Aid Received by Students

  • A total of 7,516 (77%) enrolled NMU students filed a FAFSA for the 2010-2011 Academic Year.
  • Eighty-four percent (84%) or 8,108 students received financial aid.
  • Ninety-two percent (92%) or 1,622 of new freshmen students received financial aid.
  • Fifty percent (50%) of student FAFSA filers received a Pell Grant.
  • Fifty-four percent (54%) received self-help need based aid.

Financial Aid From All Sources

TOTAL

$ 84,592,408

 

 
Grants

$ 22,799,275

Scholarships

$ 14,047,259

Loans

$ 46,731,396

Work-Study

$  1,014,478

Financial Aid Awarded

  • NMU enrolled students received $ 84,592,408 in financial aid from all sources.  (This excludes students who withdrew or dropped everything.)
  • Pell Grants awarded totaled $ 14,183,976.
  • The average amount of financial aid awarded per student was $ 10,433.
  • The average financial aid loan indebtedness per borrower was $ 7,330.

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Fact Book

2009-2010 ACADEMIC YEAR

Percent of Financial Aid Received by Students

  • A total of 7,529 (77%) enrolled NMU students filed a FAFSA for the 2009-2010 Academic Year.
  • Eighty-three percent (83%) or 8,095 students received financial aid.
  • Ninety percent (90%) or 1,701 of new freshmen students received financial aid.
  • Forty-five percent (45%) of student FAFSA filers received a Pell Grant.
  • Fifty-two percent (52%) received self-help need based aid.

Financial Aid From All Sources

TOTAL

$ 82,304,363

 

 

Grants

$ 21,494,029

Scholarships

$ 12,949,923

Loans

$ 46,888,630

Work-Study

$    971,781

Financial Aid Awarded

  • NMU enrolled students received $ 82,304,363 in financial aid from all sources.  (This excludes students who withdrew or dropped everything.)
  • Pell Grants awarded totaled $ 13,053,011.
  • The average amount of financial aid awarded per student was $ 10,167.
  • The average financial aid loan indebtedness per borrower was $ 7,300.

 

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Fact Book

2008-2009 ACADEMIC YEAR

Percent of Financial Aid Received by Students

  • A total of 7,001 (73%) enrolled NMU students filed a FAFSA for the 2008-2009 Academic Year.
  • Eighty-two percent (82%) or 7,853 students received financial aid.
  • Ninety percent (90%) or 1,709 of new freshmen students received financial aid.
  • Thirty-nine percent (39%) of student FAFSA filers received a Pell Grant.
  • Forty-nine percent (49%) received self-help need based aid.

Financial Aid From All Sources

TOTAL

$ 74,401,149

 

 

Grants

$ 15,923,474

Scholarships

$ 14,453,449

Loans

$ 42,899,280

Work-Study

$   1,124,946

Financial Aid Awarded

  • NMU enrolled students received $ 74,401,149 in financial aid from all sources.  (This excludes students who withdrew or dropped everything.)
  • Pell Grants awarded totaled $ 8,659,379.
  • The average amount of financial aid awarded per student was $ 9,474.
  • The average financial aid loan indebtedness per borrower was $ 7,136.

 

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Fact Book

2007-2008 ACADEMIC YEAR

Percent of Financial Aid Received by Students

  • A total of 6,826 (65%) enrolled NMU students filed a FAFSA for the 2007-2008 Academic Year.
  • Eighty percent (80%) or 8,464 students received financial aid.
  • Ninety percent (90%) or 1,710 of new freshmen students received financial aid.
  • Forty percent (40%) of student FAFSA filers received a Pell Grant.
  • Fifty-one percent (51%) received NMU Merit-based aid.
  • Forty-two percent (42%) received self-help need based aid.

Financial Aid From All Sources

TOTAL

$ 68,380,605.01

 

 

Grants

$ 13,325,525.24

Scholarships

$ 15,159,530.67

Loans

$ 38,960,828.00

Work-Study

$     934,721.10

Financial Aid Awarded

  • NMU enrolled students received $ 68,323,869.17 in financial aid from all sources.  (This excludes students who withdrew or dropped everything.)
  • Pell Grants awarded totaled $ 7,781,884.34.
  • NMU Merit-based aid was awarded in the amount of $ 12,283,855.87.
  • The average amount of financial aid awarded per student was $ 8,079.00.
  • The average financial aid loan indebtedness per borrower was $ 6,664.00

 

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Fact Book

2005-2006 ACADEMIC YEAR

Percent Receiving Aid


 


 

2006 fiscal year cohort default rate is 6.1%