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 cost of going to North Carolina Wesleyan University can seem overwhelming, but bear in mind that many students are given some form of financial aid.
What financing options does North Carolina Wesleyan College offer you, and what will you qualify for? Keep scrolling for more information. Keep scrolling to discover just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from North Carolina Wesleyan University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For freshmen starting at North Carolina Wesleyan University, 100% of the incoming full-time class was awarded financial aid (about 246 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $31,552 |
| Institutional grants & scholarships | 54% | $45,368 |
| Federal Pell grants | 61% | $5,929 |
| State/local grants | 98% | $3,335 |
| Federal student loans | 76% | $6,174 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. At North Carolina Wesleyan College, about 89% of undergrads got grants or scholarships worth on average $23,348 (covering around 1076 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 89% | $23,348 |
| Federal Pell grants | 50% | $6,167 |
| Federal student loans | 64% | $8,125 |
Title-IV recipients living on campus saw average grant aid of $32,542.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,404 |
| $30,001 – $75,000 | $17,696 |
| Over $75,000 | $21,842 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
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 | $17,432 |
| Off-campus title-IV students | $18,165 |
For a customized cost estimate, visit North Carolina Wesleyan College’s online cost calculator: ncwu.edu/npcalc.html.
The middle student in the debt distribution at North Carolina Wesleyan College owes $19,531 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $19,531 |
| Median federal debt (graduates only) | $25,000 |
| Typical 10-year monthly payment (graduates) | $265.04/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
A single median figure conceals how much debt outcomes differ student to student. The figures below chart the debt distribution at North Carolina Wesleyan College.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,264 |
| 25th percentile | $6,500 |
| 75th percentile | $24,500 |
| 90th percentile (highest-debt students) | $34,546 |
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 | $19,925 |
| Middle income | $18,841 |
| High income | $18,833 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,650 |
| Continuing-generation students | $18,868 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $16,703 |
| Independent students | $21,666 |
The figure below distills the debt data into a single burden category for North Carolina Wesleyan College.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at North Carolina Wesleyan College:
| Metric | Value |
|---|---|
| Stafford loan recipients | 10346 |
| Total Stafford loan amount | $212,937,738 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 27 |
| Total GI Bill amount | $308,436 |
| Average GI Bill amount per recipient | $11,424 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 1 |
| Total DoD amount | $4,500 |
| Average DoD amount per recipient | $4,500 |
References
More about our data sources and methodologies.