A large number of students will not be asked to pay the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The sum total of attendance at Central Wyoming College can sound overwhelming, but bear in mind that many students get some type of financial aid.
Just what financing solutions does CWC provide, and just what are you going to be eligible for? Keep scrolling for answers. Read on to find out what amount of financial assistance will be accessible to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from Central Wyoming College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. However, some types of aid are more desirable than others, and some students will receive more than others.
At Central Wyoming College, 94% of first-year full-time students received aid of some kind (about 206 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $8,657 |
| Institutional grants & scholarships | 76% | $4,625 |
| Federal Pell grants | 53% | $5,285 |
| State/local grants | 39% | $2,420 |
| Federal student loans | 21% | $4,161 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at CWC, some 43% of the undergraduate population received grant aid that averaged $6,266 (for some 894 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 43% | $6,266 |
| Federal Pell grants | 19% | $4,622 |
| Federal student loans | 10% | $5,326 |
Title-IV recipients living on campus saw average grant aid of $5,257.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $12,501 |
| $30,001 – $75,000 | $13,503 |
| Over $75,000 | $17,434 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $11,634 |
| Off-campus title-IV students | $13,622 |
To project your own net price, use CWC’s official net price calculator: rc.cwc.edu/NetPriceCalcDOE/.
The median student at CWC graduates with $5,500 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $5,500 |
| Median federal debt (graduates only) | $8,361 |
| Typical 10-year monthly payment (graduates) | $88.64/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The four reference points below map the debt distribution at CWC.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $1,634 |
| 25th percentile | $2,626 |
| 75th percentile | $9,513 |
| 90th percentile (highest-debt students) | $15,072 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $5,200 |
| Middle income | $5,850 |
| High income | $5,591 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $5,500 |
| Continuing-generation students | $5,775 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $4,715 |
| Independent students | $6,524 |
A handful of calculated indicators summarize the debt outlook at CWC.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at CWC:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2930 |
| Total Stafford loan amount | $24,974,956 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 15 |
| Total GI Bill amount | $49,496 |
| Average GI Bill amount per recipient | $3,300 |
References
More about our data sources and methodologies.