by our College Data Analytics TeamMany 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 price tag of going to William Peace University can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
What financial aid options can WPU offer, and what will you qualify for? Keep reading for more information. Keep going to see what amount of financial assistance could be accessible to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from William Peace 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. Some kinds of aid are clearly preferable to others, and outcomes differ across students.
Among first-time, full-time freshmen at William Peace University, 100% of new full-time first-years were awarded at least some aid around 159 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $24,889 |
| Institutional grants & scholarships | 100% | $19,758 |
| Federal Pell grants | 40% | $6,229 |
| State/local grants | 42% | $6,245 |
| Federal student loans | 53% | $5,733 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Here, some 81% of the undergraduate population received grant aid that averaged $22,185 (for some 592 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 81% | $22,185 |
| Federal Pell grants | 34% | $6,078 |
| Federal student loans | 47% | $7,182 |
For students living on campus and receiving title-IV aid, grants averaged $27,713.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,826 |
| $30,001 – $75,000 | $20,145 |
| Over $75,000 | $30,176 |
Remember these are net prices — what families pay after gift aid, not before.
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 | $21,649 |
| Off-campus title-IV students | $21,728 |
To project your own net price, use WPU’s net price tool: www.peace.edu/admissions/understand-costs-and-financial-aid/traditional-undergraduate/.
The median federal debt load at WPU comes to $15,145 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,145 |
| Median federal debt (graduates only) | $22,250 |
| Typical 10-year monthly payment (graduates) | $235.89/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
The numbers below show the full range, not just the middle of the distribution. Use the percentiles below to see the debt range at WPU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,530 |
| 25th percentile | $6,982 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $36,251 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $15,553 |
| Middle income | $16,375 |
| High income | $13,875 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $15,289 |
| Continuing-generation students | $15,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,750 |
| Independent students | $13,200 |
These indicators are derived from the underlying debt data and summarize the overall picture at WPU.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The totals below capture Stafford lending at WPU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4347 |
| Total Stafford loan amount | $79,695,105 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 32 |
| Total GI Bill amount | $398,293 |
| Average GI Bill amount per recipient | $12,447 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.