by our College Data Analytics TeamA lot of students are not billed 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 price tag of going to Williams Baptist University can appear overwhelming, but bear in mind that many students obtain some kind of financial aid.
Just what financial aid solutions can WBU provide, and just what are you going to be eligible for? Keep reading for answers. Keep going to find out just how much financial aid will be open to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. Use the information below to understand how much financial assistance you may get from Williams Baptist University.
Financial assistance, available as scholarships, loans, and work-study, is a way schools lower the price of attendance so many students can enroll. However, some types of aid are more desirable than others, and some students will receive more than others.
At Williams Baptist University, 100% of first-year full-time students received aid of some kind (about 134 first-years).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $20,766 |
| Institutional grants & scholarships | 100% | $13,860 |
| Federal Pell grants | 100% | $5,996 |
| State/local grants | 28% | $2,484 |
| Federal student loans | 54% | $6,749 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At WBU, some 100% of undergraduates were awarded an average grant or scholarship of $17,433 (among about 489 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 100% | $17,433 |
| Federal Pell grants | 54% | $6,210 |
| Federal student loans | 47% | $7,767 |
For students living on campus and receiving title-IV aid, grants averaged $17,852.
Need-based aid means lower-income families typically pay far less than the sticker price suggests.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $14,361 |
| $30,001 – $75,000 | $15,632 |
| Over $75,000 | $18,519 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $15,745 |
| Off-campus title-IV students | $15,875 |
For a customized cost estimate, visit WBU’s net price calculator: williamsbu.edu/wp-content/uploads/2023/08/index.html.
The median federal debt load at WBU comes to $9,500 in federal student debt.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $9,500 |
| Median federal debt (graduates only) | $21,820 |
| Typical 10-year monthly payment (graduates) | $231.33/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
A single median figure conceals how much debt outcomes differ student to student. The percentiles below describe the cumulative federal debt distribution for borrowers at WBU.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $2,750 |
| 25th percentile | $5,500 |
| 75th percentile | $20,475 |
| 90th percentile (highest-debt students) | $27,500 |
How much a student borrows depends heavily on family income, first-gen status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $8,411 |
| Middle income | $10,000 |
| High income | $11,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $9,500 |
| Continuing-generation students | $13,500 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $10,088 |
| Independent students | $9,500 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. WBU.
The Stafford program is the federal direct-loan vehicle most undergraduates use. These figures summarize annual Stafford program activity at WBU:
| Metric | Value |
|---|---|
| Stafford loan recipients | 2795 |
| Total Stafford loan amount | $37,205,388 |
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 | 5 |
| Total GI Bill amount | $91,457 |
| Average GI Bill amount per recipient | $18,291 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 0 |
| Total DoD amount | $0 |
References
More about our data sources and methodologies.