by our College Data Analytics TeamA large number of students are not billed 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 cost of going to Johnson & Wales University-Providence can seem tremendous, but do not forget that almost all students are given some form of financial help.
Just what financial assistance solutions will JWU Providence provide, and just what are you going to be eligible for? Read on for answers. Read on to see what amount of financial assistance could be accessible to you.
Your financial aid package, which may contain grants and scholarships, will be determined on your financial need. Use the information below to understand how much financial assistance you may get from Johnson & Wales University-Providence.
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. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Johnson & Wales University-Providence, 100% of new full-time first-years were awarded at least some aid around 1048 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $28,361 |
| Institutional grants & scholarships | 100% | $25,721 |
| Federal Pell grants | 37% | $6,021 |
| State/local grants | 10% | $1,413 |
| Federal student loans | 78% | $5,772 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At this school, about 98% of undergrads got grants or scholarships worth on average $25,107 (across roughly 3868 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 98% | $25,107 |
| Federal Pell grants | 30% | $5,811 |
| Federal student loans | 72% | $6,763 |
On-campus students receiving title-IV aid were awarded grants averaging $29,287.
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 | $28,848 |
| $30,001 – $75,000 | $30,598 |
| Over $75,000 | $34,662 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $31,027 |
| Off-campus title-IV students | $32,478 |
To project your own net price, use JWU Providence’s net price tool: enroll.jwu.edu/register/NPCPVD?_ga=2.20956152.1144428041.1661956580-1253747645.1659483415.
The median federal debt load at JWU Providence comes to $16,334 in federal loans.
| 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 |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. The four reference points below map the debt distribution at JWU Providence.
| 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 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $17,250 |
| Middle income | $18,277 |
| High income | $14,250 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,666 |
| Continuing-generation students | $15,750 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,502 |
| Independent students | $15,482 |
A handful of calculated indicators summarize the debt outlook at JWU Providence.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at JWU Providence:
| Metric | Value |
|---|---|
| Stafford loan recipients | 72677 |
| Total Stafford loan amount | $1,442,805,033 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 80 |
| Total GI Bill amount | $1,386,775 |
| Average GI Bill amount per recipient | $17,335 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $6,750 |
| Average DoD amount per recipient | $3,375 |
References
More about our data sources and methodologies.