by our College Data Analytics TeamMost students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Wright State University-Lake Campus can feel tremendous, but do not forget that almost all students receive some sort of financial help.
What financial assistance options will Wright State University - Lake Campus offer, and what will you qualify for? Read on for more information. Keep reading to find out how much school funding will 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 Wright State University-Lake Campus.
Through a mix of loans, grants, work-study and scholarships, schools bring down the effective cost so more students can attend. Note that some aid is more valuable than the rest, and individual awards are far from uniform.
For incoming first-year students at Wright State University-Lake Campus, 92% of the incoming full-time class was awarded financial aid (about 205 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 85% | $4,455 |
| Institutional grants & scholarships | 83% | $2,407 |
| Federal Pell grants | 33% | $4,993 |
| State/local grants | 3% | $2,932 |
| Federal student loans | 32% | $5,231 |
The best aid is gift aid: grants and scholarships that carry no repayment obligation. At Wright State University - Lake Campus, about 75% of undergraduates were awarded grant or scholarship aid averaging $4,080 (across roughly 1055 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 75% | $4,080 |
| Federal Pell grants | 21% | $5,342 |
| Federal student loans | 24% | $6,314 |
Title-IV recipients living on campus saw average grant aid of $5,259.
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 | $9,720 |
| $30,001 – $75,000 | $10,780 |
| Over $75,000 | $15,363 |
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 | $11,081 |
| Off-campus title-IV students | $12,603 |
To project your own net price, use Wright State University - Lake Campus’s net price calculator: www.wright.edu/enrollment-services/forms-and-resources/cost-estimator.
The median student at Wright State University - Lake Campus graduates with $15,854 of federal student loans.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $15,854 |
| Median federal debt (graduates only) | $22,750 |
| Typical 10-year monthly payment (graduates) | $241.19/mo |
The 10-year payment estimate assumes a standard federal repayment plan and the median graduate debt amount.
The numbers below show the full range, not just the middle of the distribution. The figures below chart the debt distribution at Wright State University - Lake Campus.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,250 |
| 25th percentile | $5,500 |
| 75th percentile | $26,000 |
| 90th percentile (highest-debt students) | $38,730 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Median Debt by Income Bracket
| Income tier | Median federal debt |
|---|---|
| Low income | $17,500 |
| Middle income | $14,800 |
| High income | $15,612 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $16,395 |
| Continuing-generation students | $15,000 |
Dependency-Status Comparison
| Cohort | Median federal debt |
|---|---|
| Dependent students | $15,000 |
| Independent students | $20,832 |
Federal data publishes pre-calculated indicators that summarize debt outcomes. Wright State University - Lake Campus.
Stafford loans make up the bulk of federal direct lending to undergraduates. The aggregate figures below show how active the program is at Wright State University - Lake Campus:
| Metric | Value |
|---|---|
| Stafford loan recipients | 55323 |
| Total Stafford loan amount | $1,522,604,991 |
The GI Bill and DoD Tuition Assistance are the main federal aid routes for veterans and service members.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 9 |
| Total GI Bill amount | $29,304 |
| Average GI Bill amount per recipient | $3,256 |
References
More about our data sources and methodologies.