by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
Curious about the financial aid opportunities at Wilmington University and what you may be eligible for? Explore the answers here.
$4,297.00 is the typical Wilmington University’s first year financial aid package. 66% of reshman students get financial aid, most of which is in the form of loans
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from Wilmington University you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers below apply to scholarships and grants primarily provided by Wilmington University.
20% of incoming freshmen (35 total) were given scholarships at Wilmington University, averaging $3,513.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
As well as scholarships, 35% of freshmen (62 total) obtained a federal grant, for about $4,152.00 a piece.
The table below shows grant and scholarship distributions by income for first-year students getting any sort of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 32.58% | $3,428.00 |
| Income 30k-48k | 0.56% | $3,348.00 |
| Income 48k-75k | 1.12% | $2,918.00 |
| Income 75k-110k | 0.56% | $3,245.00 |
| Income 110k + | 0.00% | $0.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
66% of the 178 undergraduates at Wilmington University receive some sort of grant aid. This is a total of about 89 students getting an average of $4,297.00 per person.The bulk of which are Pell Grants.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.
