by our College Data Analytics TeamA large number of students will never be charged 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 total price of attendance at Kentucky Wesleyan College can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial assistance options will Wesleyan offer, and what will you qualify for? Read on for more information. Keep going to discover how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. Read on to get a sense of the financial assistance available at Kentucky Wesleyan College.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
For freshmen starting at Kentucky Wesleyan College, 100% of first-year full-time students received aid of some kind approximately 229 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $25,538 |
| Institutional grants & scholarships | 100% | $18,537 |
| Federal Pell grants | 47% | $5,291 |
| State/local grants | 61% | $7,125 |
| Federal student loans | 59% | $6,264 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. Here, about 95% of undergraduates were awarded grant or scholarship aid averaging $26,288 (across approximately 794 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 95% | $26,288 |
| Federal Pell grants | 50% | $5,317 |
| Federal student loans | 61% | $7,775 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $29,072.
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 | $35,681 |
| $30,001 – $75,000 | $35,996 |
| Over $75,000 | $37,496 |
Remember these are net prices — what families pay after gift aid, not before.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $17,131 |
| Off-campus title-IV students | $36,431 |
For a customized cost estimate, visit Wesleyan’s online cost calculator: kwc.edu/net-price-calculator/.
The median federal debt load at Wesleyan comes to $11,000 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $11,000 |
| Median federal debt (graduates only) | $23,250 |
| Typical 10-year monthly payment (graduates) | $246.49/mo |
At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.
The median alone does not show how widely outcomes vary across the student body. The figures below chart the debt distribution at Wesleyan.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $23,250 |
| 90th percentile (highest-debt students) | $31,996 |
Median debt varies by family income, by first-generation status, and by dependency status.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $9,500 |
| Middle income | $9,126 |
| High income | $13,964 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $11,000 |
| Continuing-generation students | $12,163 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $12,000 |
| Independent students | $8,978 |
The figure below distills the debt data into a single burden category for Wesleyan.
Most undergraduate borrowing runs through the federal Stafford loan program. The aggregate figures below show how active the program is at Wesleyan:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3839 |
| Total Stafford loan amount | $54,606,682 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 14 |
| Total GI Bill amount | $274,268 |
| Average GI Bill amount per recipient | $19,591 |
References
More about our data sources and methodologies.