Financial Aid

Determining Your Financial Aid Eligibility

First, we calculate how much it may cost an average, full-time student to attend UNK for one academic year. This is called our Cost of Attendance (COA), and Federal regulation requires us to establish a COA for each school year. The undergraduate 2014-2015 Estimated COA is $20,646 for Nebraska residents or $27,762 for nonresidents.

Next, your Expected Family Contribution (EFC) (calculated through FAFSA processing) is subtracted from the COA. The difference between our COA and your EFC determines your financial need. Once financial need is determined, we are ready to put together your financial aid award. If your EFC is an amount less than $5,158, you may be eligible for a Federal Pell Grant, which is undergraduate grant aid from the federal government. You may be offered several different types of aid, including grants, loans, and Federal College Work Study, based on your eligibility, need and the availability of financial aid dollars at the time your award is completed. Additionally, student loan eligibility is subject to annual loan limits that are set according to grade level. When your financial aid award has been determined, you will receive an email notification that instructs you to view your award on MyBLUE (UNK's student information portal). Typically UNK sends award notices in the beginning of March.


These sample financial aid awards are provided to give you an idea of various types of financial aid awards students receive. One of these examples may resemble the award you receive, however, each financial aid award is different. Though your financial data may similar, your award may not be identical to these examples.

Example is based off of the 2013-2014 academic year.

  Jill Jack Sally Andy Ann Katie
Dependent Dependent Dependent Independent
(Supports Child)
Year in School Senior Junior Sophomore Sophomore Sophomore


Parent AGI* $98,328 $44,955 $21,576 N/A N/A $100,964
Student AGI* $3,582 $10,805 $6,149 $31,939
(joint return)
$18,493 $4,174
HHS/College* 4/2 4/1 4/2 2/1 2/1 4/1
EFC* 9,909 5,109 0 6,923 0 17,901
PELL Grant Not Eligible Not Eligible $5,645 Not Eligible $5,645 Not Eligible
Other Grants Not Eligible $4,000 $2,450 $4,000 0* Not Eligible
Scholarships None $2,000 None None $2,000 None
Perkins Loan Not Eligible Not Eligible $1,000 $1,000 0* 0*
Work Study $2,500 $2,500 $2,500 0* 0* 0*
Subsidized Loan $5,500 $5,500 $4,500 $4,500 $4,500 $2,169
$2,000 $2,000 $2,000 $6,000 $6,000 $3,331
PLUS Loan* $10,070 $4,070 $1,975 Not Eligible Not Eligible $14,570
Total Financial
Aid Offered
$20,070 $20,070 $20,070 $15,500 $18,145 $20,070

*All students in these examples are Nebraska residents.
AGI* -- Adjusted Gross Income from previous year's tax return
HHS/College* -- Number of persons in the parent or student's household and the number of those persons in college.
EFC* -- Expected Family Contribution. This is the numeric result from the FAFSA.
Other Grants* -- Represents combination of other Federal, State and/or Local grant resources awarded to the student.
0* -- This student did not receive this type of aid because funds were exhausted by the time the student applied for financial aid or the student did not request this specific type of aid on his/her FAFSA.
Subsidized Loan* -- Federal Direct Stafford Subsidized Loan
Unsubsidized Loan* -- Federal Direct Stafford Unsubsidized Loan
PLUS Loan* -- Federal Parent Loan for Undergraduate Students

*Important Reminder about Subsidized and Unsubsidized Stafford Loan amounts – eligibility is partially based on grade level.

General Award Information

  • Full-time attendance is required for many need-based grants for undergraduates. The minimum number of credit hours for full-time enrollment as an undergraduate is 12 hours. Eligibility for the Supplemental Education Opportunity Grant (SEOG), Nebraska Opportunity Grant (NOG), College Bound Nebraska Grant (CBN), UNK Grant, UNK Tuition Support and the University Tuition Assistance Grant (UTAG) require full-time enrollment. In most cases, those eligible for Pell grant may receive it at less than full-time.
  • The award amounts shown on your MyBLUE Financial Aid Award Listing are the maximum eligibility under each program. You may accept or reject any part of the aid package.
  • Stafford and PLUS loans require that a student be at least half time (6 hours undergraduate or 4 hours graduate). Loans offered as part of the award package require additional steps before you can receive the funds. You must accept the loan and complete Master Promissory Note (MPN) at First time Stafford loan borrowers must also complete Entrance Loan Counseling at
  • Students are required to inform the Office of Financial Aid of any changes in enrollment status, household size, number of family members in college, or corrections to financial information since this may affect the financial aid package.
  • The award you receive is related to the information reported on the financial aid application forms. Since the award is a direct reflection of the family's circumstances, the terms of the award are a confidential matter between the family and the school. Requests for review of the award may be made if new information is available demonstrating a change in family circumstances or abnormal financial situations not reflected on the forms that were filed. Increases in aid due to a special circumstance are dependent upon financial need and availability of funds. Any student who desires financial counseling is urged to make an appointment with a financial aid staff member.

The answers to your financial aid questions are available at your fingertips. Read on ...

Need More Information? Let us help you! We are happy to answer any questions you might have, and you may contact us in a variety of ways:

MyBLUE This is the University's web service that allows you to view your individual university account information including: financial aid, grades, classes, bills, etc. Accessing the web is the easiest way to get updated information on the status of your application for financial aid and to find out if your loan, scholarship, or other aid has credited your billing statement. Accessing this system requires your NU ID (issued when you apply for admission to UNK) and UNK Personal Identification Number (PIN). You may access MyBLUE at any time of the day to find out if your financial aid has credited to your UNK billing statement.

Email - Send a message to our Financial Aid Office at to get answers to your questions about financial aid.

Financial Aid Web Pages - If what you are looking for in the way of financial aid information wasn't on this page, there are several other topics that are addressed on other pages that may answer your questions. Check the links in the left hand column.

Stop by the office - You may come to the front counter of the Office of Financial Aid in the Memorial Student Affairs Building (MSAB), for information about financial aid and to have your specific questions answered.

Visit with a Counselor - Any one of our Financial Aid Counselors will be able to visit with you about your financial aid concerns. Contact our office to set up an appointment. Our counselors are happy to visit with students and parents about eligibility for financial aid, as well as issues of "special circumstance" that may apply to your family's situation.