$4,783

Avg. Federal Grant

$5,354

Avg. Federal Loan

$29,685,381

Total Aid Awarded

Nebraska Wesleyan University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

32%

State Grant Aid

28%

Institution Grant Aid

100%

Pell Grant

31%

Average Aid Awarded

Federal Grant Aid

$4,783

State Grant Aid

$1,001

Institution Grant Aid

$19,096

Pell Grant

$4,250

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$26,894

$30,001 - $48,000

$26,457

$48,001 - $75,000

$23,539

$75,001 - $110,000

$20,183

Over $110,000

$18,597

Student Loans for Nebraska Wesleyan University

Average Loan Amount Average Loan Amount received per year.

$7,473/Year

Students Taking Out Loans

71%

Loan Default Rate

4.6%

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