by our College Data Analytics TeamA large number 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 Johnson & Wales University-Charlotte can appear overpowering, but remember that the majority of students obtain some kind of financial assistance.
Just what financial assistance solutions will JWU Charlotte provide, and just what are you going to be eligible for? Read on for answers. Scroll down to learn just how much financial aid will be open to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Continue reading to find information to help you understand just how much assistance you can expect to receive from Johnson & Wales University-Charlotte.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. 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 Johnson & Wales University-Charlotte, 100% of first-time, full-time freshmen received some form of financial aid around 430 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $30,033 |
| Institutional grants & scholarships | 100% | $24,723 |
| Federal Pell grants | 56% | $6,116 |
| State/local grants | 22% | $6,601 |
| Federal student loans | 83% | $6,122 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At this school, around 100% of undergrads got grants or scholarships worth on average $27,228 (across roughly 1125 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $27,228 |
| Federal Pell grants | 52% | $5,960 |
| Federal student loans | 81% | $6,805 |
For on-campus title-IV students, average grant aid came to $30,596.
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 | $25,435 |
| $30,001 – $75,000 | $29,046 |
| Over $75,000 | $32,785 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $27,426 |
| Off-campus title-IV students | $28,901 |
For an estimate tailored to your family circumstances, see JWU Charlotte’s online cost calculator: enroll.jwu.edu/register/NPCCLT?&_ga=2.230592220.1144428041.1661956580-1253747645.1659483415.
The median student at JWU Charlotte graduates with $16,334 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $16,334 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The median alone does not show how widely outcomes vary across the student body. These percentiles trace how cumulative federal debt is spread among borrowers at JWU Charlotte.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,666 |
| 25th percentile | $6,500 |
| 75th percentile | $28,300 |
| 90th percentile (highest-debt students) | $37,750 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $17,250 |
| Middle income | $18,277 |
| High income | $14,250 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,666 |
| Continuing-generation students | $15,750 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,502 |
| Independent students | $15,482 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. JWU Charlotte.
Stafford loans make up the bulk of federal direct lending to undergraduates. These figures summarize annual Stafford program activity at JWU Charlotte:
| Metric | Value |
|---|---|
| Stafford loan recipients | 72677 |
| Total Stafford loan amount | $1,442,805,033 |
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 | 54 |
| Total GI Bill amount | $989,103 |
| Average GI Bill amount per recipient | $18,317 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $4,250 |
| Average DoD amount per recipient | $2,125 |
References
More about our data sources and methodologies.