by our College Data Analytics TeamThe majority of students are not billed 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 total price of attendance at Edward Waters University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
Just what financial aid solutions can Edward Waters College deliver, and just what are you going to be eligible for? Keep reading for answers. Keep going to discover what amount of financial assistance could be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. The information provided on this page can help you determine how much aid you may receive from Edward Waters University.
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.
Among first-time, full-time freshmen at Edward Waters University, 98% of entering full-time freshmen got some type of financial assistance (about 300 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $14,588 |
| Institutional grants & scholarships | 75% | $6,976 |
| Federal Pell grants | 81% | $6,557 |
| State/local grants | 79% | $4,571 |
| Federal student loans | 62% | $5,612 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. Across the undergraduate body at Edward Waters College, some 95% of undergraduate students received gift aid averaging $13,258 (across approximately 1055 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $13,258 |
| Federal Pell grants | 75% | $6,563 |
| Federal student loans | 68% | $6,395 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $12,968.
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 | $12,869 |
| $30,001 – $75,000 | $13,853 |
| Over $75,000 | $16,879 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $13,649 |
| Off-campus title-IV students | $13,580 |
For a personalized estimate based on your family’s financial situation, use Edward Waters College’s net price calculator: www.ew.edu/financial-aid/.
The middle student in the debt distribution at Edward Waters College owes $11,000 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,000 |
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. These percentiles trace how cumulative federal debt is spread among borrowers at Edward Waters College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $28,968 |
| 90th percentile (highest-debt students) | $45,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $11,686 |
| Middle income | $9,875 |
| High income | $7,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,250 |
| Continuing-generation students | $8,750 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,082 |
| Independent students | $15,750 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Edward Waters College.
Stafford loans are the federal government’s primary direct undergraduate lending program. The totals below capture Stafford lending at Edward Waters College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7085 |
| Total Stafford loan amount | $138,898,069 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $72,773 |
| Average GI Bill amount per recipient | $7,277 |
References
More about our data sources and methodologies.