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Westminster University Paying for Your Degree

100% Freshmen Get Financial Aid
$33,463 Average Grant & Scholarship
98% Undergrads Get Grant Aid

The majority of students will not be asked to pay the complete price tag of a school. Rather, they are presented a financial aid deal that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The price tag of going to Westminster University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.

What financial aid options can Westminster College Salt Lake offer, and what will you qualify for? Keep reading for more information. Keep scrolling to discover just how much financial aid could be open to you.

Importance of Westminster College Salt Lake Aid Information

The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Use the information below to understand how much financial assistance you may get from Westminster University.

Financial Aid for First-Year Students at Westminster University

Financial aid, in the form of loans, grants, work-study, and scholarships, is one way colleges reduce the cost of attendance so most students can actually afford to attend. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.

Among first-time, full-time freshmen at Westminster University, 100% of first-time, full-time freshmen received some form of financial aid some 226 freshmen).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)100%$30,694
Institutional grants & scholarships100%$28,390
Federal Pell grants27%$6,071
State/local grants14%$2,397
Federal student loans85%$5,392

Scholarship and Grant Awards at Westminster University

Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. Across the undergraduate body at Westminster College Salt Lake, some 98% of undergraduates were awarded an average grant or scholarship of $33,463 (across roughly 875 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)98%$33,463
Federal Pell grants24%$5,775
Federal student loans66%$6,826

For on-campus title-IV students, average grant aid came to $30,522.

Net Price by Family Income at Westminster University

The figures below show the average net price — cost after all grant and scholarship aid — broken out by family income.

Family IncomeAverage Net Price
$0 – $48,000$18,733
$30,001 – $75,000$20,744
Over $75,000$29,596

The numbers above are post-aid net prices, so they already account for grants and scholarships.

Net Price at Westminster University

Net price is the average annual cost after grants and scholarships are subtracted from the published cost of attendance — the figure closest to what a typical aid-receiving student actually pays.

CohortAverage Net Price
On-campus title-IV students$27,094
Off-campus title-IV students$26,536

For a personalized estimate based on your family’s financial situation, use Westminster College Salt Lake’s NPC: www.westminstercollege.edu/net-price-calculator.

Median Student Debt for Graduates of Westminster University

The middle student in the debt distribution at Westminster College Salt Lake owes $18,500 of federal borrowing.

MetricAmount
Median federal debt (all student-aid borrowers)$18,500
Median federal debt (graduates only)$22,250
Typical 10-year monthly payment (graduates)$235.89/mo

That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.

Where Student Debt Falls

A single median figure conceals how much debt outcomes differ student to student. Use the percentiles below to see the debt range at Westminster College Salt Lake.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$3,996
25th percentile$7,500
75th percentile$27,000
90th percentile (highest-debt students)$35,500

Median Debt by Student Group at Westminster University

Outcomes differ by income bracket, by first-generation status, and by whether a student is financially dependent.

Debt by Income Tier

Income tierMedian federal debt
Low income$19,256
Middle income$20,500
High income$15,750

First-Generation Comparison

CohortMedian federal debt
First-generation students$19,500
Continuing-generation students$15,750

Dependency-Status Comparison

CohortMedian federal debt
Dependent students$16,750
Independent students$23,350

Calculated Debt-Outcome Indicators

These indicators are derived from the underlying debt data and summarize the overall picture at Westminster College Salt Lake.

Federal Loan Volume at Westminster University

The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at Westminster College Salt Lake:

MetricValue
Stafford loan recipients8021
Total Stafford loan amount$190,536,365

Military and Veterans Aid at Westminster University

The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.

Post-9/11 GI Bill activity

MetricValue
GI Bill recipients33
Total GI Bill amount$595,420
Average GI Bill amount per recipient$18,043

DoD Tuition Assistance activity

MetricValue
DoD Tuition Assistance recipients3
Total DoD amount$8,619
Average DoD amount per recipient$2,873

More Financial Aid Resources from Westminster University

References

More about our data sources and methodologies.

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