by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Uncover the various financial aid options provided by UNCW and determine which ones you may be eligible for by continuing your exploration.
University of North Carolina at Wilmington average financial aid offer for freshmen students is $6,801.00. A significant 72% of freshmen benefit from financial aid, with the main type being loans.
Financial aid helps reduce the cost, or the full retail price of the college. However, be aware that the only true college discount is scholarships & grants.
Concerned about the student loans that might be part of your financing deal? Look at the average amount of debt per student at University of North Carolina at Wilmington.
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 next numbers refer to grants and scholarships mainly supplied by the college itself.
45% of new students (1054 total) were given scholarships at University of North Carolina at Wilmington, averaging $3,604.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 23% of freshman students (543 total) obtained federal grant aid, averaging $5,174.00 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 | 9.66% | $13,127.00 |
| Income 30k-48k | 6.91% | $10,194.00 |
| Income 48k-75k | 7.38% | $5,642.00 |
| Income 75k-110k | 6.65% | $1,965.00 |
| Income 110k + | 5.28% | $961.00 |
The table above displays students who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Get more info on Title IV here.
72% of the 2330 undergraduates at University of North Carolina at Wilmington receive some sort of grant aid. This is a total of about 1218 students getting an average of $6,801.00 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.