by our College Data Analytics TeamThe majority of students are not billed 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 Nebraska Wesleyan University can feel overpowering, but remember that the majority of students receive some sort of financial assistance.
What financial assistance options will NWU offer you, and what will you qualify for? Read on for more information. Keep scrolling to find out how much school funding will 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 Nebraska Wesleyan University.
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. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
Looking at the entering class at Nebraska Wesleyan University, 100% of first-time, full-time freshmen received some form of financial aid (about 440 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $32,863 |
| Institutional grants & scholarships | 100% | $29,947 |
| Federal Pell grants | 42% | $5,005 |
| State/local grants | 33% | $1,874 |
| Federal student loans | 51% | $5,152 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At NWU, approximately 97% of undergrads got grants or scholarships worth on average $29,787 (for some 1491 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $29,787 |
| Federal Pell grants | 34% | $5,423 |
| Federal student loans | 54% | $6,541 |
Title-IV recipients living on campus saw average grant aid of $35,242.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $19,622 |
| $30,001 – $75,000 | $19,182 |
| Over $75,000 | $26,831 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
Net price is the cost remaining after grant and scholarship aid is subtracted from the sticker price, and it is the most useful single number for estimating real cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $18,327 |
| Off-campus title-IV students | $23,140 |
For a personalized estimate based on your family’s financial situation, use NWU’s net price calculator: www.nebrwesleyan.edu/net_price_calculator/index.html.
The median federal debt load at NWU comes to $17,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $17,500 |
| Median federal debt (graduates only) | $26,970 |
| Typical 10-year monthly payment (graduates) | $285.93/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The four reference points below map the debt distribution at NWU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $6,722 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $30,750 |
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 | $17,750 |
| Middle income | $16,516 |
| High income | $17,500 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,040 |
| Continuing-generation students | $19,500 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $17,051 |
| Independent students | $17,982 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. NWU.
Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at NWU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 7429 |
| Total Stafford loan amount | $127,589,946 |
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 | 17 |
| Total GI Bill amount | $179,770 |
| Average GI Bill amount per recipient | $10,575 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 2 |
| Total DoD amount | $6,000 |
| Average DoD amount per recipient | $3,000 |
References
More about our data sources and methodologies.