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Wartburg College Paying for Your Degree

97% Freshmen Get Financial Aid
$40,077 Average Grant & Scholarship
94% Undergrads Get Grant Aid

The majority of students will never be charged the full sticker price of a school. Rather, they are offered a financial aid plan that includes a mix of loans, grants, scholarships, and possibly work-study opportunities. The sum total of attendance at Wartburg College can sound overpowering, but remember that the majority of students get some type of financial assistance.

What financial assistance options will Wartburg offer, and what will you qualify for? Read on for more information. Keep going to learn how much school funding will be available to you.

Importance of Wartburg Aid Information

The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Wartburg College.

Financial Aid for First-Year Students at Wartburg College

Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.

At Wartburg College, 97% of first-year full-time students received aid of some kind approximately 411 new students).

Type of Aid% of Freshmen ReceivingAverage Amount
Grant or scholarship aid (all sources)97%$40,336
Institutional grants & scholarships94%$37,629
Federal Pell grants24%$5,388
State/local grants29%$7,279
Federal student loans68%$5,458

Grant Aid for Undergraduates at Wartburg College

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 this school, roughly 94% of undergraduates were awarded an average grant or scholarship of $40,077 (among about 1359 students).

Award% of Undergrads ReceivingAverage Amount
Grant or scholarship aid (all sources)94%$40,077
Federal Pell grants22%$5,217
Federal student loans67%$6,503

On-campus students receiving title-IV aid were awarded grants averaging $31,451.

What Families Pay by Income at Wartburg College

Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.

Family IncomeAverage Net Price
$0 – $48,000$16,255
$30,001 – $75,000$18,013
Over $75,000$25,075

These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.

What Students Actually Pay at Wartburg College

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.

CohortAverage Net Price
On-campus title-IV students$32,908
Off-campus title-IV students$22,604

For a personalized estimate based on your family’s financial situation, use Wartburg’s online cost calculator: vip.wartburg.edu/finaid/npc.html.

Typical Student Debt at Wartburg College

The median federal debt load at Wartburg comes to $19,500 of cumulative federal debt.

MetricAmount
Median federal debt (all student-aid borrowers)$19,500
Median federal debt (graduates only)$27,000
Typical 10-year monthly payment (graduates)$286.24/mo

At a typical 10-year repayment schedule, the median graduate would pay about the monthly figure above.

The Full Range of Student Debt

Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Wartburg.

PercentileCumulative Federal Debt
10th percentile (lowest-debt students)$5,500
25th percentile$10,125
75th percentile$27,518
90th percentile (highest-debt students)$31,000

Student Debt by Cohort at Wartburg College

Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.

Debt by Income Tier

Income tierMedian federal debt
Low income$13,564
Middle income$19,500
High income$21,375

By First-Generation Status

CohortMedian federal debt
First-generation students$16,337
Continuing-generation students$22,742

Calculated Debt-Outcome Indicators

The Department of Education computes summary indicators that describe debt outcomes at a glance. Wartburg.

Stafford Loan Activity at Wartburg College

Most undergraduate borrowing runs through the federal Stafford loan program. These figures summarize annual Stafford program activity at Wartburg:

MetricValue
Stafford loan recipients6111
Total Stafford loan amount$92,142,578

Veteran and Military Aid at Wartburg College

If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.

Post-9/11 GI Bill recipients

MetricValue
GI Bill recipients4
Total GI Bill amount$39,560
Average GI Bill amount per recipient$9,890

External Resources for Wartburg College

References

More about our data sources and methodologies.

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