by our College Data Analytics TeamMany 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 price tag of going to Westminster College can appear tremendous, but do not forget that almost all students obtain some kind of financial help.
Just what financial aid solutions can Westminster New Wilmington deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see how much school funding could be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The information provided on this page can help you determine how much aid you may receive from Westminster College.
Aid such as grants, loans, work-study, and scholarships helps colleges decrease the real cost of attendance for most students. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Westminster College, 100% of the incoming full-time class was awarded financial aid around 310 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $32,553 |
| Institutional grants & scholarships | 100% | $28,849 |
| Federal Pell grants | 32% | $6,089 |
| State/local grants | 42% | $3,926 |
| Federal student loans | 76% | $5,511 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Westminster New Wilmington, some 91% of the undergraduate population received grant aid that averaged $31,914 (among about 1050 recipients).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 91% | $31,914 |
| Federal Pell grants | 27% | $5,557 |
| Federal student loans | 67% | $6,557 |
For on-campus title-IV students, average grant aid came to $33,144.
Because need-based aid scales with family income, what students actually pay differs sharply across income brackets.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $16,810 |
| $30,001 – $75,000 | $17,097 |
| Over $75,000 | $22,928 |
Each figure is the net price after grants and scholarships, not the published sticker price.
After grants and scholarships come off the published price, what remains is the net price — the best estimate of true out-of-pocket cost.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $19,859 |
| Off-campus title-IV students | $20,800 |
To project your own net price, use Westminster New Wilmington’s official net price calculator: www.westminster.edu/admissions/financial-aid/101.cfm.
The median student at Westminster New Wilmington graduates with $22,825 of cumulative federal debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $22,825 |
| Median federal debt (graduates only) | $26,060 |
| Typical 10-year monthly payment (graduates) | $276.28/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Westminster New Wilmington.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,250 |
| 25th percentile | $10,500 |
| 75th percentile | $30,000 |
| 90th percentile (highest-debt students) | $35,000 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $20,125 |
| Middle income | $22,874 |
| High income | $23,250 |
First-Gen vs Continuing-Gen Median Debt
| Cohort | Median federal debt |
|---|---|
| First-generation students | $23,250 |
| Continuing-generation students | $22,006 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Westminster New Wilmington.
Most undergraduate borrowing runs through the federal Stafford loan program. The totals below capture Stafford lending at Westminster New Wilmington:
| Metric | Value |
|---|---|
| Stafford loan recipients | 5208 |
| Total Stafford loan amount | $86,455,056 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 12 |
| Total GI Bill amount | $196,971 |
| Average GI Bill amount per recipient | $16,414 |
Active-duty Tuition Assistance recipients
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.