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Olivet Nazarene University

Olivet Nazarene University
1 University Avenue
Bourbonnais, IL 60914

Official telephone: (800) 648-1463
Toll-free telephone: (800) 648-1463

Website: www.olivet.edu


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Screen last updated on: September 10, 2007

The financial aid information below is valid for the 2007 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Greg Bruner,
Director of Financial Aid
Contacting the office: 815 939-5249
800 648-1463 (toll free)
815 939-5074 (fax)
finaid@olivet.edu
FAFSA number: 001741

EXPENSES
Undergraduate tuition: $18,750; $18,750 out-of-state
Additional required fees: $840
Book fees: $900
Miscellaneous expenses: $1,700
Combined room and board expenses: $6,400 - $6,400

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 1yesN/A

Date award notification begins: March 1
Applied for financial aid:
88% of first-year students
81% of full-time undergraduates
Determined to have financial need:
83% of first-year students
86% of full-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
Students determined to have financial need who received any need-based gift aid:
88% of first-year students
88% of full-time undergraduates
Students receiving financial aid who received need-based self-help aid:
87% of first-year students
87% of full-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
79% of first-year students
95% of full-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
35% of first-year students
39% of full-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
84% for first-year students
87% for full-time undergraduates
0% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$13,942 for first-year students
$13,364 for full-time undergraduates
$0 for part-time undergraduates
Average need-based gift award:
$10,554 for first-year students
$9,587 for full-time undergraduates
$0 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$4,032 for first-year students
$4,763 for full-time undergraduates
$0 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,287 for first-year students
$3,995 for full-time undergraduates
$0 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
19% of first-year students
25% of full-time undergraduates
Average award to students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
$7,421 for first-year students
$6,712 for full-time undergraduates
$0 for part-time undergraduates
Students who received a non-need-based athletic award:
11% of first-year students
13% of full-time undergraduates
Average non-need-based athletic award:
$4,253 for first-year students
$5,241 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes

TYPES OF AID AVAILABLE
Types of loans available:
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • alternative loans
Percent of undergraduates who have borrowed through all loan programs: 76%
Average student debt upon graduation: $20,893
Types of payment plans:
  • Tuition Management Systems
  • school's own payment plan(s)
Need-based scholarships/grants available:
  • need-based (general)
  • Federal Pell Grants
  • SEOG
  • state scholarships/grants
  • college/university scholarships/grants (institutional funds)
  • private scholarships/grants
Non-need-based scholarships/grants available:
  • non-need-based (general)
  • academic merit scholarships/grants
  • creative arts/performance
  • athletic scholarships
  • ROTC scholarships
Percent of scholarship aid awarded to out-of-state students: 0%



Data is copyrighted material under license to Wintergreen Orchard House, a division of Alloy Education, which is reproduced on this website by permission of Wintergreen Orchard House. Material may contain updates provided solely by the institution to which the updated Data relates. Copyright © 2006-2008 by Wintergreen Orchard House. All rights reserved.


The information in the Campus Tours is provided and updated by third parties including the respective colleges and universities. While the colleges and universities are able to update the Campus Tours information at any time and this section, thereby, has the potential to offer the most accurate and up-to-date information available, the information is not independently validated, and no party associated with this website can accept responsibility for its accuracy.
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