by our College Data Analytics TeamMost students will not be asked to pay 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 Dakota Wesleyan University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial assistance options will Dakota Wesleyan University offer you, and what will you qualify for? Read on for more information. Scroll down to learn how much school funding will be available 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 Dakota Wesleyan University.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For incoming first-year students at Dakota Wesleyan University, 100% of entering full-time freshmen got some type of financial assistance around 184 freshmen).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $20,910 |
| Institutional grants & scholarships | 100% | $18,351 |
| Federal Pell grants | 32% | $4,396 |
| State/local grants | 58% | $1,787 |
| Federal student loans | 91% | $4,581 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Dakota Wesleyan University, about 79% of undergrads got grants or scholarships worth on average $19,498 (across roughly 608 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 79% | $19,498 |
| Federal Pell grants | 27% | $5,093 |
| Federal student loans | 73% | $6,263 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $24,129.
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 | $14,541 |
| $30,001 – $75,000 | $16,166 |
| Over $75,000 | $21,011 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
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.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,735 |
| Off-campus title-IV students | $19,300 |
For an estimate tailored to your family circumstances, see Dakota Wesleyan University’s NPC: www.dwu.edu/Net-Price-Calculator.
A typical borrower at Dakota Wesleyan University leaves with $19,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,500 |
| Median federal debt (graduates only) | $27,000 |
| Typical 10-year monthly payment (graduates) | $286.24/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
Looking only at the median can be misleading because it hides the spread. The percentiles below describe the cumulative federal debt distribution for borrowers at Dakota Wesleyan University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,730 |
| 25th percentile | $8,250 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $37,500 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $12,125 |
| Middle income | $21,750 |
| High income | $19,500 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $17,052 |
| Continuing-generation students | $21,875 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $19,500 |
| Independent students | $18,924 |
These indicators are derived from the underlying debt data and summarize the overall picture at Dakota Wesleyan University.
The Stafford loan program is the largest source of federal direct loans to undergraduates. The aggregate figures below show how active the program is at Dakota Wesleyan University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4485 |
| Total Stafford loan amount | $81,793,808 |
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 | 10 |
| Total GI Bill amount | $196,754 |
| Average GI Bill amount per recipient | $19,675 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.