by our College Data Analytics TeamA lot 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 price tag of going to Wilkes University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can Wilkes deliver, and just what are you going to be eligible for? Keep reading for answers. Keep scrolling to see just how much financial aid could be open to you.
How much aid you qualify for depends largely on your family’s financial circumstances. The figures below will help you estimate the aid you might receive from Wilkes University.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. However, some types of aid are more desirable than others, and some students will receive more than others.
For freshmen starting at Wilkes University, 100% of first-time, full-time freshmen received some form of financial aid roughly 509 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $28,324 |
| Institutional grants & scholarships | 100% | $23,820 |
| Federal Pell grants | 43% | $5,448 |
| State/local grants | 44% | $4,453 |
| Federal student loans | 78% | $5,251 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Wilkes, approximately 88% of undergrads got grants or scholarships worth on average $27,309 (across approximately 1716 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 88% | $27,309 |
| Federal Pell grants | 34% | $5,312 |
| Federal student loans | 72% | $6,466 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $29,022.
How much a family pays depends heavily on income, because most aid is awarded on the basis of financial need.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $23,924 |
| $30,001 – $75,000 | $25,326 |
| Over $75,000 | $30,894 |
Each amount is the average cost remaining once grant aid is subtracted, by income band.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $27,743 |
| Off-campus title-IV students | $27,700 |
To project your own net price, use Wilkes’s online cost calculator: www.wilkes.edu/admissions/financial-aid/undergraduate-aid/net-price-calculator.aspx.
The middle student in the debt distribution at Wilkes owes $20,500 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,500 |
| Median federal debt (graduates only) | $26,000 |
| Typical 10-year monthly payment (graduates) | $275.64/mo |
That monthly figure reflects the median graduate debt repaid on a standard 10-year federal schedule.
The numbers below show the full range, not just the middle of the distribution. These percentiles trace how cumulative federal debt is spread among borrowers at Wilkes.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $4,750 |
| 25th percentile | $7,500 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $32,500 |
Median debt varies by family income, by first-generation status, and by dependency status.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $19,500 |
| Middle income | $21,500 |
| High income | $20,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $21,275 |
| Continuing-generation students | $19,870 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $21,250 |
| Independent students | $20,250 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Wilkes.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at Wilkes:
| Metric | Value |
|---|---|
| Stafford loan recipients | 14432 |
| Total Stafford loan amount | $304,056,154 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
GI Bill volume
| Metric | Value |
|---|---|
| GI Bill recipients | 55 |
| Total GI Bill amount | $808,964 |
| Average GI Bill amount per recipient | $14,708 |
References
More about our data sources and methodologies.