by our College Data Analytics TeamMost students will never be charged the full, advertised sticker price of a school. Instead, they will be given a financial aid offer that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at William Carey University can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financing options does William Carey University offer you, and what will you qualify for? Keep scrolling for more information. Keep reading to discover how much school funding could be available to you.
The amount of financial aid and scholarships you are eligible for will vary depending on your family’s income. The figures below will help you estimate the aid you might receive from William Carey University.
Colleges use loans, grants, scholarships and work-study to minimize what students actually pay out of pocket. Keep in mind that certain forms of assistance are more beneficial than others, and aid amounts differ from student to student.
At William Carey University, 100% of first-time, full-time freshmen received some form of financial aid approximately 202 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $14,621 |
| Institutional grants & scholarships | 96% | $11,360 |
| Federal Pell grants | 47% | $5,896 |
| State/local grants | 38% | $1,944 |
| Federal student loans | 22% | $4,564 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. Across the undergraduate body at William Carey University, approximately 53% of undergrads got grants or scholarships worth on average $11,504 (covering around 1645 awardees).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 53% | $11,504 |
| Federal Pell grants | 27% | $5,860 |
| Federal student loans | 25% | $7,829 |
Title-IV recipients living on campus saw average grant aid of $15,393.
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 | $15,677 |
| $30,001 – $75,000 | $16,010 |
| Over $75,000 | $19,362 |
These figures reflect what title-IV aid recipients pay after grant and scholarship aid is applied.
The net price represents the average annual cost a title-IV-receiving student pays after grant aid is subtracted from the full cost of attendance.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,258 |
| Off-campus title-IV students | $17,052 |
To get a personalized net price estimate, try William Carey University’s net price tool: wmcarey.clearcostcalculator.com/student/default/netpricecalculator/survey.
The median federal debt load at William Carey University comes to $15,796 in federal loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,796 |
| Median federal debt (graduates only) | $20,832 |
| Typical 10-year monthly payment (graduates) | $220.85/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. The four reference points below map the debt distribution at William Carey University.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,500 |
| 25th percentile | $7,363 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $34,291 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $16,666 |
| Middle income | $15,295 |
| High income | $15,000 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,443 |
| Continuing-generation students | $15,000 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,000 |
| Independent students | $18,750 |
These indicators are derived from the underlying debt data and summarize the overall picture at William Carey University.
Stafford loans are the federal government’s primary direct undergraduate lending program. The annual Stafford volume below reflects program activity at William Carey University:
| Metric | Value |
|---|---|
| Stafford loan recipients | 19319 |
| Total Stafford loan amount | $729,411,260 |
GI Bill and DoD Tuition Assistance are the two federal aid programs targeted at military-affiliated students.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 89 |
| Total GI Bill amount | $726,876 |
| Average GI Bill amount per recipient | $8,167 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 25 |
| Total DoD amount | $57,917 |
| Average DoD amount per recipient | $2,317 |
References
More about our data sources and methodologies.