by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Interested in understanding the financial aid resources available at SWU and your eligibility? Find the answers you seek below.
Southern Wesleyan University average financial aid offer for freshmen students is $17,670.00. 100% of first-year students are awarded financial aid, primarily comprising grants and scholarships.
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Southern Wesleyan University.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers below apply to scholarships and grants primarily provided by Southern Wesleyan University.
99% of incoming freshmen (192 total) were awarded scholarships at Southern Wesleyan University, averaging $10,863.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 91% of freshman students (176 total) obtained federal grant aid, averaging $3,192.00 a piece.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 13.92% | $22,369.00 |
| Income 30k-48k | 17.01% | $18,583.00 |
| Income 48k-75k | 18.56% | $19,350.00 |
| Income 75k-110k | 12.37% | $16,447.00 |
| Income 110k + | 15.98% | $14,315.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
100% of the 194 undergraduates at Southern Wesleyan University receive some sort of grant aid. This is a total of about 194 students getting an average of $17,670.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.