by our College Data Analytics TeamMany students are not billed the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at College of Wilmington can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
Just what financial assistance solutions will College of Wilmington deliver, and just what are you going to be eligible for? Read on for answers. Read on to see just how much financial aid could be open to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. The information provided on this page can help you determine how much aid you may receive from College of Wilmington.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Looking at the entering class at College of Wilmington, 92% of new full-time first-years were awarded at least some aid around 34 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $4,488 |
| Institutional grants & scholarships | 0% | — |
| Federal Pell grants | 68% | $4,488 |
| State/local grants | 0% | — |
| Federal student loans | 73% | $6,072 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At College of Wilmington, around 52% of the undergraduate population received grant aid that averaged $4,335 (across approximately 123 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 52% | $4,335 |
| Federal Pell grants | 52% | $4,335 |
| Federal student loans | 47% | $6,253 |
On-campus students receiving title-IV aid were awarded grants averaging $3,404.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,063 |
Each figure is the net price after grants and scholarships, not the published sticker price.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $23,108 |
| Off-campus title-IV students | $14,063 |
To project your own net price, use College of Wilmington’s net price calculator: avedafi.edu/wilmington/consumer-information.
The median student at College of Wilmington graduates with $6,228 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $6,228 |
| Median federal debt (graduates only) | $9,423 |
| Typical 10-year monthly payment (graduates) | $99.9/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at College of Wilmington.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,040 |
| 25th percentile | $4,419 |
| 75th percentile | $9,834 |
| 90th percentile (highest-debt students) | $14,640 |
Median debt varies by family income, by first-generation status, and by dependency status.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $4,917 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $7,675 |
| Independent students | $5,187 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. College of Wilmington.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at College of Wilmington:
| Metric | Value |
|---|---|
| Stafford loan recipients | 1335 |
| Total Stafford loan amount | $11,261,817 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 1 |
| Total GI Bill amount | $6,284 |
| Average GI Bill amount per recipient | $6,284 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.