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Northwood University - Midland Campus - Financial Aid



Financial Aid Forms | Scholarships & Grants | Loans

Financial Aid

Most colleges set their own financial aid deadlines and due dates. In addition, colleges have different forms and criteria to qualify for financial aid. The following information should help you get a general idea of the procedures and forms used by this college. For more specific facts and figures, consult financial aid bulletins from the college.

Financial Aid Form Deadlines

    FormPriority Filing DateApplication Closing Date
    FAFSA   Rolling
    Income Tax    
    Other    
Notification of Awards is rolling.


Student Population Of all full-time matriculated undergraduates who enrolled, 1137 applied for aid, 964 were judged to have need, 187 had their need fully met , 338 non-need-based awards were made Average percent of need met: 92%


Scholarships & Grants

A List of Available Scholarships & Grants
  • Pell Grants(BEOG)
  • SEOG
  • State Grants
  • College/University Grants
  • Private Scholarships
  • Academic Merit Scholarships
  • Athletic Scholarships


Who Receives Scholarships/Grants?
  • 80% of undergraduate students applied for aid and received scholarships or grants.
  • 62% of undergraduate class received scholarships or grants.
  • 100% of the enrolled freshmen received scholarships or grants.


Average Amount and Number of Scholarships and Grants
  • Average amount of each freshmen scholarships and grants: $8968
  • Average number of athletic scholarships and grants: 138
  • Average amount of each athletic scholarship or grant: $5900
  • Individual scholarships range from $65 to $6000
  • $4018000 in scholarships are awarded each year.


Loans

Loans Available to Undergraduate Students

  • Perkins
  • PLUS
  • Stafford
  • Federal Nursing Student Loans(NSL)
  • Health Professions Loans
  • State Loans
  • College University Loans
  • Private Loans
  • Federal Direct Student Loans (FDSL)
  • Unsubsidized Stafford Loans

Payment Plans Offered to Undergraduate Students

  • Tuition Plan Inc.
  • Education Plan Inc.
  • Knight Tuition Plans
  • Academic Management Services(AMS)
  • EFI Fund Management
  • Tuition Management Systems
  • Deferred Payment Plan
  • Family Tuition Reduction(tuition reduction for simultaneously enrolled family members)
  • Guaranteed Tuition(tuition does not change during student's consecutive enrollment)
  • School's own payment plan(s)


Who Receives Loans & How Much?
  • 56% of undergraduate students who applied for aid received loans.
  • 44% of all undergraduate students received loans.
  • 75% of all enrolled freshmen received loans.
  • The average amount of each freshman loan is $2120
  • The amounts of individual loans per year range from $500 to $5500.
  • Total amount of all loans granted per year: $2666000.