by our College Data Analytics TeamThe majority of students will not be asked to pay 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 total cost of going to Wesleyan University can seem overpowering, but remember that the majority of students are given some form of financial assistance.
What financial assistance options will Wesleyan U offer you, and what will you qualify for? Read on for more information. Scroll down to learn just how much financial aid will be open to you.
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 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. However, some types of aid are more desirable than others, and some students will receive more than others.
Looking at the entering class at Wesleyan University, 50% of first-year full-time students received aid of some kind some 388 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $65,995 |
| Institutional grants & scholarships | 42% | $63,501 |
| Federal Pell grants | 14% | $6,081 |
| State/local grants | 0% | — |
| Federal student loans | 15% | $3,985 |
Gift aid — grants and scholarships — beats loans every time because none of it has to be repaid. At Wesleyan U, about 42% of undergraduates were awarded an average grant or scholarship of $62,970 (across approximately 1279 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 42% | $62,970 |
| Federal Pell grants | 14% | $5,965 |
| Federal student loans | 16% | $5,140 |
For students living on campus and receiving title-IV aid, grants averaged $58,843.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $5,191 |
| $30,001 – $75,000 | $8,364 |
| Over $75,000 | $44,705 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $30,177 |
| Off-campus title-IV students | $27,888 |
For a customized cost estimate, visit Wesleyan U’s official net price calculator: www.wesleyan.edu/admission/afford-aid/tuition-fees.html#calculators.
The median federal debt load at Wesleyan U comes to $13,824 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $13,824 |
| Median federal debt (graduates only) | $17,000 |
| Typical 10-year monthly payment (graduates) | $180.23/mo |
Spreading the median graduate debt over a standard 10-year repayment schedule works out to roughly the monthly payment shown above.
Percentiles reveal the spread — half of all borrowers fall between the 25th and 75th percentiles. The figures below chart the debt distribution at Wesleyan U.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $8,739 |
| 75th percentile | $19,703 |
| 90th percentile (highest-debt students) | $27,000 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $8,988 |
| Middle income | $12,782 |
| High income | $16,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $12,000 |
| Continuing-generation students | $15,500 |
Dependent vs Independent Students
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,000 |
| Independent students | $11,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Wesleyan U.
The Stafford program is the federal direct-loan vehicle most undergraduates use. The annual Stafford volume below reflects program activity at Wesleyan U:
| Metric | Value |
|---|---|
| Stafford loan recipients | 4808 |
| Total Stafford loan amount | $58,787,242 |
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 | 19 |
| Total GI Bill amount | $797,896 |
| Average GI Bill amount per recipient | $41,995 |
References
More about our data sources and methodologies.