by our College Data Analytics TeamA large number of 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 sum total of attendance at Wright State University-Main Campus can sound tremendous, but do not forget that almost all students get some type of financial help.
Just what financial assistance solutions will Wright State University - Main Campus deliver, and just what are you going to be eligible for? Read on for answers. Scroll down to find out what amount of financial assistance will be accessible to you.
The amount of financial aid you can receive varies from person to person and will depend on your family’s economic situation. Use the information below to understand how much financial assistance you may get from Wright State University-Main Campus.
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.
For freshmen starting at Wright State University-Main Campus, 96% of entering full-time freshmen got some type of financial assistance roughly 1366 students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 92% | $8,942 |
| Institutional grants & scholarships | 87% | $4,769 |
| Federal Pell grants | 43% | $5,726 |
| State/local grants | 41% | $3,495 |
| Federal student loans | 52% | $5,188 |
Because grants and scholarships do not have to be repaid, they are the most sought-after type of financial aid. At Wright State University - Main Campus, some 76% of undergraduates were awarded grant or scholarship aid averaging $8,109 (among about 5301 students).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 76% | $8,109 |
| Federal Pell grants | 34% | $5,830 |
| Federal student loans | 42% | $6,653 |
For on-campus title-IV students, average grant aid came to $8,958.
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 | $11,243 |
| $30,001 – $75,000 | $13,836 |
| Over $75,000 | $19,790 |
Each figure is the net price after grants and scholarships, not the published sticker price.
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 | $15,415 |
| Off-campus title-IV students | $15,216 |
For a customized cost estimate, visit Wright State University - Main Campus’s online cost calculator: www.wright.edu/enrollment-services/forms-and-resources/cost-estimator.
The median federal debt load at Wright State University - Main Campus comes to $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 |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. Use the percentiles below to see the debt range at Wright State University - Main 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 |
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 | $17,500 |
| Middle income | $14,800 |
| High income | $15,612 |
First-Gen vs Continuing-Gen Median Debt
| 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 |
The Department of Education computes summary indicators that describe debt outcomes at a glance. Wright State University - Main Campus.
The Stafford loan program is the largest source of federal direct loans to undergraduates. These figures summarize annual Stafford program activity at Wright State University - Main Campus:
| Metric | Value |
|---|---|
| Stafford loan recipients | 55323 |
| Total Stafford loan amount | $1,522,604,991 |
Veterans and active-duty service members may qualify for the Post-9/11 GI Bill or DoD Tuition Assistance.
Post-9/11 GI Bill recipients
| Metric | Value |
|---|---|
| GI Bill recipients | 315 |
| Total GI Bill amount | $2,719,322 |
| Average GI Bill amount per recipient | $8,633 |
DoD program volume
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 38 |
| Total DoD amount | $97,625 |
| Average DoD amount per recipient | $2,569 |
References
More about our data sources and methodologies.