Financial Aid

Want to come to Nichols? We’ll make it happen.

Nichols College understands the complex decisions facing families like yours when choosing a college. We’re committed to providing one of the best values in higher education, with nationally ranked ROI and mid-career salaries that rank eighth among all undergraduate business schools according to Payscale. Our scholarships and grants can reduce tuition costs, often to levels at or near those at public colleges and universities, and 99% of our students received grants directly from Nichols. The average debt at graduation is $37,000.

What you need to know About Financial Aid

• Nichols requires only one financial aid form for applying for financial aid: The Free Application for Federal Student Aid (FAFSA). FAFSA information determines your eligibility for all federal, state and institutional need-based financial aid.
• Be sure to include the school code for Nichols College (002197).
• You can file your FAFSA anytime after December 1. Our priority deadline is March 1.
• Filing your FAFSA after March 1 can affect the amount of financial aid you receive. Late applicants may miss opportunities for certain sources of aid.
• Students must complete all financial aid application requirements to receive financial aid. Also, students must be enrolled at least half time and maintain satisfactory academic progress including a cumulative GPA of 2.0 or higher.
• Students must apply for financial aid annually by renewing their FAFSA.
• Your financial aid package may include a combination of federal and state financial options and institutional (Nichols) scholarships and grants, including:
  • Merit Scholarships
  • Incentive Grants
  • Federal Work Study
  • Federal Student Loans