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MOUNT VERNON NAZARENE UNIVERSITY

Mount Vernon Nazarene University
800 Martinsburg Road
Mount Vernon, OH 43050

Official telephone: (740) 392-6868
Fax number: (740) 397-2769

Website: www.mvnu.edu


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Screen last updated on: September 1, 2006

The financial aid information below is valid for the 2006 academic year.

FINANCIAL AID OFFICE
Financial aid officer: Stephen Tracht,
Director of Student Financial Planning
Contacting the office: 740 392-6868
866 686-8243 (toll free)
740 393-0511 (fax)
finaid@mvnc.edu
FAFSA number: 007085

EXPENSES
Undergraduate tuition: $16,366; $16,366 out-of-state
Additional required fees: $510
Book fees: $900
Miscellaneous expenses: $1,970
Other expenses: transportation
Combined room and board expenses: $5,090 - $5,090

APPLYING FOR AID

Required form Priority date Rolling? Closing date
FAFSAMarch 15yesN/A
Institution's own financial aid formMarch 18noN/A

Date award notification begins: March 1
Applied for financial aid:
100% of first-year students
69% of full-time undergraduates
16% of part-time undergraduates
Determined to have financial need:
84% of first-year students
80% of full-time undergraduates
60% of part-time undergraduates
Students determined to have financial need who received any financial aid:
100% of first-year students
100% of full-time undergraduates
100% of part-time undergraduates
Students determined to have financial need who received any need-based gift aid:
100% of first-year students
99% of full-time undergraduates
67% of part-time undergraduates
Students receiving financial aid who received need-based self-help aid:
84% of first-year students
86% of full-time undergraduates
67% of part-time undergraduates
Students receiving financial aid who received any non-need-based gift aid:
12% of first-year students
10% of full-time undergraduates
0% of part-time undergraduates
Students receiving financial aid whose need was fully met (excluding PLUS loans and private alternative loans):
17% of first-year students
18% of full-time undergraduates
17% of part-time undergraduates
Average percent of need that was met of students who received any need-based aid (excluding PLUS loans and private alternative loans):
78% for first-year students
85% for full-time undergraduates
89% for part-time undergraduates
Average financial aid package (excluding PLUS loans and private alternative loans):
$12,095 for first-year students
$12,008 for full-time undergraduates
$4,303 for part-time undergraduates
Average need-based gift award:
$7,600 for first-year students
$6,658 for full-time undergraduates
$2,326 for part-time undergraduates
Average need-based self-help award (excluding PLUS loans and private alternative loans):
$3,675 for first-year students
$4,394 for full-time undergraduates
$3,221 for part-time undergraduates
Average need-based loan (excluding PLUS loans and private alternative loans):
$3,228 for first-year students
$3,876 for full-time undergraduates
$3,221 for part-time undergraduates
Students who had no financial aid need and who received non-need-based aid (excluding athletic awards and tuition benefits):
11% of first-year students
7% of full-time undergraduates
1% of part-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):
$3,136 for first-year students
$2,893 for full-time undergraduates
$646 for part-time undergraduates
Students who received a non-need-based athletic award:
3% of first-year students
3% of full-time undergraduates
0% of part-time undergraduates
Average non-need-based athletic award:
$2,140 for first-year students
$3,917 for full-time undergraduates
$0 for part-time undergraduates
School participates in Federal Work-Study Program: yes
Percent of students who received aid that participated in Federal Work Study: 100%

TYPES OF AID AVAILABLE
Types of loans available:
  • FFEL Subsidized Stafford Loans
  • FFEL Unsubsidized Stafford Loans
  • FFEL PLUS Loans
  • Federal Perkins Loans
  • College/University Loans
Parent loans packaged to meet need: yes
Percent of undergraduates who have borrowed through all loan programs: 79%
Average student debt upon graduation: $20,293
Types of payment plans:
  • Academic Management Services (AMS)
  • deferred payment plan
  • family tuition reduction
  • 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)
  • state scholarships/grants
  • academic merit scholarships/grants
  • athletic 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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