North Carolina Wesleyan College Financial Aid and Scholarships
Students Receiving Aid
87%
Total Aid Amount
$30.077M
Financial Aid Official Website
www.ncwc.edu/admissions/financial-assistance
Students can avail of scholarships provided by the college, such as North Carolina Student Incentive Grant, Triangle Scholarship Program, and Trustee Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 99% of students at NCWC receive some kind of financial aid, while the total amount of assistance/loans provided is $11,652,350. The total percentage of candidates applying to North Carolina Wesleyan College who receive the Federal Grant is 59%. On the other hand, 99% of the candidates get the Student Grant, 98% receive the Institution Grant, and 59% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,228, while the same comes to $4,956 for State Grant receivers and $22,645 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,933. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 North Carolina Wesleyan College opt for student loans.
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