by our College Data Analytics TeamMost college students will not be charged the full price tag of a school. Instead, they will be offered a financial aid package that includes a combination of loans, grants, scholarships and possibly work-study opportunities.
What amount of TWU financial assistance will actually be available to you?Get answers to your questions here.
Tennessee Wesleyan University average financial aid offer for freshmen students is $20,234.00. A significant 100% of freshmen benefit from financial aid, with the main type being grants and scholarships.
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
We feel that loan debt ought to be regarded as a consequence instead of true financial aid. Learn more on student loan debt at Tennessee Wesleyan University.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The numbers listed below make reference to help that is offered by Tennessee Wesleyan University.
100% of new students (207 total) were given scholarships at Tennessee Wesleyan University, averaging $14,387.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 43% of freshman students (90 total) obtained federal grant aid, averaging $5,127.00 a piece.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 22.22% | $25,701.00 |
| Income 30k-48k | 11.59% | $23,834.00 |
| Income 48k-75k | 12.08% | $18,937.00 |
| Income 75k-110k | 14.98% | $18,517.00 |
| Income 110k + | 12.56% | $17,600.00 |
The table above displays undergrads who are obtaining Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
100% of the 207 undergraduates at Tennessee Wesleyan University receive some sort of grant aid. This is a total of about 207 students getting an average of $20,234.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.