Nebraska Wesleyan University Financial Aid and Scholarships
Students Receiving Aid
89%
Total Aid Amount
$29.685M
Financial Aid Official Website
www.nebrwesleyan.edu/about-nwu/financial-aid-office
Students can avail of scholarships provided by the university, such as Academic Scholarship, Clifton & Alberta White Memorial Scholarship, Huge-NWU Scholarship, and Humpert Memorial Scholarship, if they find educational expenses to be on the higher side. Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $8,100,442. One can visit NWU's financial aid page at http://www.nebrwesleyan.edu/about-nwu/financial-aid-office for more information. At NWU, the total percentage of applicants who receive the Federal Grant stands at 36%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 35% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,584, the State Grant receivers and Institution Grant beneficiaries get $1,144 and $20,879, respectively. And, for the Pell Grant awardees, the average aid amount is $4,389. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $24,546 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $25,528 and $19,568, respectively. On the other hand, the average federal aid stands at $18,099 for those with an annual family income between $75,001 and $110,000, and at $16,714 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 71% of the applicants to Nebraska Wesleyan University opt for student loans.
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