by our College Data Analytics TeamMany students are not billed 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 sum total of attendance at Wofford College can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial aid solutions can Wofford provide, and just what are you going to be eligible for? Keep reading for answers. Scroll down to see 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. Continue reading to find information to help you understand just how much assistance you can expect to receive from Wofford 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.
Among first-time, full-time freshmen at Wofford College, 99% of first-year full-time students received aid of some kind approximately 503 new students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 99% | $42,067 |
| Institutional grants & scholarships | 97% | $36,914 |
| Federal Pell grants | 18% | $5,448 |
| State/local grants | 53% | $8,449 |
| Federal student loans | 45% | $5,128 |
Unlike loans, grants and scholarships are gift aid that does not need to be paid back, making them the most desirable form of assistance. Across the undergraduate body at Wofford, some 97% of undergrads got grants or scholarships worth on average $40,681 (across roughly 1826 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 97% | $40,681 |
| Federal Pell grants | 16% | $5,641 |
| Federal student loans | 41% | $6,189 |
For on-campus title-IV students, average grant aid came to $53,709.
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 | $17,579 |
| $30,001 – $75,000 | $22,302 |
| Over $75,000 | $33,256 |
The numbers above are post-aid net prices, so they already account for grants and scholarships.
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 | $18,732 |
| Off-campus title-IV students | $28,984 |
For a personalized estimate based on your family’s financial situation, use Wofford’s net price tool: wofford.studentaidcalculator.com/.
The middle student in the debt distribution at Wofford owes $20,500 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $20,500 |
| Median federal debt (graduates only) | $25,732 |
| Typical 10-year monthly payment (graduates) | $272.8/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
The median alone does not show how widely outcomes vary across the student body. Use the percentiles below to see the debt range at Wofford.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $5,500 |
| 25th percentile | $9,462 |
| 75th percentile | $27,000 |
| 90th percentile (highest-debt students) | $27,000 |
Debt outcomes are not uniform — they shift with income, first-generation status, and dependency.
By Family Income
| Income tier | Median federal debt |
|---|---|
| Low income | $15,000 |
| Middle income | $19,500 |
| High income | $21,500 |
First-Generation Comparison
| Cohort | Median federal debt |
|---|---|
| First-generation students | $19,875 |
| Continuing-generation students | $20,500 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Wofford.
Stafford loans make up the bulk of federal direct lending to undergraduates. The totals below capture Stafford lending at Wofford:
| Metric | Value |
|---|---|
| Stafford loan recipients | 3251 |
| Total Stafford loan amount | $53,215,256 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 10 |
| Total GI Bill amount | $159,362 |
| Average GI Bill amount per recipient | $15,936 |
References
More about our data sources and methodologies.