Types of Financial Aid

Your financial aid package may include a combination of federal and state financial options and institutional scholarships and grants, awarded directly from Nichols, including:

  • Scholarships: Merit-based awards and special recognition programs, such as Honors College and DECA.
  • Grants: Need-based assistance from federal, state and institutional sources, including Nichols College visit grants.
  • Loans: Low-interest federal student loans and additional private loan options.
  • Work-Study: On-campus jobs that allow students to earn money while gaining valuable work experience.

College Scholarships and Grants

Scholarships and grants are some of the most effective ways to lower your net price of college because they don’t need to be repaid.

  • Merit-Based Scholarships: Awarded for academic achievement, leadership, or special talent.
  • Need-Based Grants: Federal Pell Grants, state grants, and Nichols institutional aid.
  • Renewal: Many awards are renewable each year if eligibility and academic requirements are maintained.

Making Nichols Affordable

Nichols College is dedicated to college affordability and to helping families find the right combination of aid to meet their needs. With transparent tuition, personalized advising, and a strong return on investment, Nichols delivers exceptional value for your education.