by our College Data Analytics TeamThe majority of college students don’t pay the full price for their education, as financial aid packages, including scholarships, grants, loans, and work-study opportunities, help to offset the costs.
Uncover the various financial aid options provided by William Carey University and determine which ones you may be eligible for by continuing your exploration.
William Carey University average financial aid offer for freshmen students is $8,520.00. About 97% of first year students receive financial aid, most of which is in the form of grants and scholarships.
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.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from William Carey University you may end up taking on.
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 stats below refer to aid that is provided by William Carey University.
48% of incoming freshmen (98 total) were awarded scholarships at William Carey University, averaging $10,500.00 a piece. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 58% of first-year students (119 total) got federal grant aid, averaging $3,760.00 per person.
Amount of Financial Assistance Per Income Level
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 22.82% | $7,800.00 |
| Income 30k-48k | 19.42% | $7,890.00 |
| Income 48k-75k | 19.90% | $9,850.00 |
| Income 75k-110k | 12.14% | $12,950.00 |
| Income 110k + | 8.74% | $7,300.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
97% of the 206 undergraduates at William Carey University receive some sort of grant aid. This is a total of about 198 students getting an average of $8,520.00 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.