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Types of Financial Assistance | North Carolina Wesleyan University
Types of Financial Assistance | North Carolina Wesleyan University
Types of Financial Assistance | North Carolina Wesleyan University
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Find out
what you might pay to attend NC Wesleyan University during the previous year, after taking grants and scholarship aid into account.
Other Financial Aid Resources:
fastweb.com
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collegeboard.org
Ways to Pay for Your Education
No matter your program of study there are many ways to fund your education at NC Wesleyan University. There are many different types of financial assistance offered to all students who desire to attend college and financing your education starts with one application – the Free Application for Federal Student Aid (FAFSA). You should apply for financial aid, and renew each year.
Types of financial assistance can be a combination of grants, work-study, loans and scholarships. Typically you are automatically awarded all the aid that you are eligible for after applying and submitting required documentation to the school each year.
Discover ways to pay for college below.
Create a Federal Student Aid(FSA) ID >
Here are Funding Options for Education:
Grants
Scholarships
Work-study
Federal Loans
Private Loans
Benefits
Partnerships
Self Pay
Access‑focused and Supportive to Students Who Need Help
As a
Minority Serving Institution
, North Carolina Wesleyan University is committed to expanding access for students throughout central and eastern North Carolina, particularly those from economically distressed areas. The University pairs a personalized, purpose‑driven education with
strong financial aid resources
and
support services
that help students pursue meaningful careers and active citizenship. Through responsive assistance and tailored academic pathways, NC Wesleyan ensures that every student has the opportunity to reach their potential and contribute positively to their communities.
Grants
Federal Pell Grant
Awarded to undergraduate students who have exceptional financial need and who have not earned a bachelor’s, graduate, or professional degree. In some cases, students enrolled in a post-baccalaureate teacher certification program may receive a Federal Pell Grant. The amount of financial assistance a student can receive is dependent upon your expected family contribution from your FAFSA, the cost of attendance for the school you are enrolled in, your status as full-time or part-time student, and/or your plans to attend school for a full academic year or less. Pell Grant lifetime eligibility is limited to 12 semesters.
LEARN MORE ABOUT PELL GRANTS
Federal Supplemental Educational Opportunity Grant (FSEOG)
The Federal Supplemental Educational Opportunity Grant (FSEOG)
is a
warded to undergraduate students
who have exceptional financial need to help pay for their education and who have not earned a bachelor’s or graduate degree. Federal Pell Grant recipients receive priority. Not all schools participate in this program. Funds depend on availability at the school. Awards can range from $100–$4,000 and do not need to be repaid.
LEARN MORE ABOUT FSEOG GRANTS
Scholarships
Traditional & Adult Students Scholarships
Financial assistance through a variety of scholarships are offered to all students enrolled at NCWU. Scholarships are free money that does not need to be paid back. There are numerous sources of scholarship money, including the university itself, the NCWU endowment, and third parties. To have the best chance at a scholarship award, apply early and focus on scholarships where you best meet the requirements.
Traditional Students Scholarship Options >
Adult Students Scholarships Options >
Endowed & Donated Scholarships
NCWU offers scholarships through the generosity of various donors. These scholarships are awarded by the Office of Financial Aid and other departments as designated, based on specific criteria. Endowed and donated scholarships may be used to replace institutional funds or previously awarded NCWU merit scholarships. These scholarships can be applied toward tuition, fees, room, board, books and supplies. Not all scholarships are available to Adult & Professional Studies students.
SEE LIST OF ENDOWED SCHOLARSHIPS
Loans
Direct Subsidized Loans
For undergraduate students with financial need. You
re not usually char
ed interest on the loan during certain periods, such as when you
re in school at least half-time
The U
Department of Education (ED) is the lender; payment is owed to ED
Amounts are dependent on grade level and dependency status.
LEARN MORE ABOUT SUBSIDIZED GRANTS
Direct Unsubsidized Loans
For undergraduate
graduate
and professional degree
tudents
Financial need isn
t required. You’re responsible for paying the interest during all periods
The U
Department of Education (ED) is the lender; payment is owed to ED
Amounts are dependent on grade level and dependency status.
LEARN MORE ABOUT DIRECT UNSUBSIDIZED LOANS
Direct PLUS Loans
For parents who are borrowing money to pay for their dependent undergraduate child’s education, and for graduate or professional degree students
Financial assistance is not required. The U.S. Department of Education (ED) is the lender; payment is owed to ED. You must not have an adverse credit history (unless you meet certain additional eligibility requirements)
. The maximum
amount is the cost of attendance (determined by the school) minus any other financial aid the student receives.
LEARN MORE ABOUT DIRECT PLUS LOANS
Alternative/Private Student Loans
A nonfederal loan made by a private lender, such as a bank or credit union. The terms and conditions of private student loans are set by the lender, not the federal government nor NCWU. If you’re not sure whether you’re being offered a private loan or a federal loan, check with the financial aid office at your school.
LEARN MORE ABOUT PRIVATE LOANS
Work Study
Student employment provides part-time employment
while the student is enrolled in school, to help pay his or her education expenses
participate in community service and gain experience related to their educational and career objectives
At NCWU there are 4 types of student employment (Federal Work Study, Institutional Work Study, Summer Employment and Special Assignment/Internships), and the availability of jobs varies by each school year. It is the student’s responsibility to seek out and apply. The student will be paid directly to a bank account provided by the student for the hours he or she works, and the amount he or she earns cannot exceed the total amount awarded by the school for the award year.
LEARN MORE ABOUT WORK STUDY PROGRAMS
Benefits
Veteran Benefits
There are many benefit programs available to a wide range of students. If you are a veteran, you or your spouse are eligible for benefits that may be used to pay for college.
LEARN MORE ABOUT VETERAN BENEFITS
Tuition Assistance
NCWU is committed to ensuring that students have access to quality education regardless of financial barriers. Through its robust tuition assistance programs, the university offers a range of options to help students offset the cost of tuition and fees and strives to make higher education affordable and attainable for all. The university provides financial aid counseling and resources to help students navigate the complex landscape of funding options. Contact our office at
FinancialAid@ncwu.edu
for additional assistance.
Partnerships
Community Partnerships
North Carolina Wesleyan University has various local community partnerships that offer reduced tuition and discounts for our academic programs. These include Community College Employee Partnerships, Educational Alliances, Community Engagement and Alumni Networks.
LEARN MORE ABOUT PARTNERSHIPS
Ask Your Employer
Your employer may reimburse part, or all, of your tuition costs through our
Employer Reimbursement Plan (ERP)
. NCWU can work directly with students who have employer assistance available to them.
LEARN MORE ABOUT ERP PLANS
Self Pay
Payment Plans
We understand that paying for college can be difficult for many families. Therefore; NCWU makes it easier by offering a
payment plan
that allows families to pay their student accounts on a monthly basis. Payment plans are available online on your
my.ncwu.edu
portal.
LEARN MORE ABOUT PAYMENT PLANS
Income & Savings
A tax-advantaged 529 college savings plan can be used to pay for college. Also, assess how much personal savings and income you can reasonably put toward tuition. Many parents pay for college expenses out of current income as well as savings. If you have a 529 plan and are in a state that offers a tax benefit for 529 contributions, you may wish to deposit this money in the 529 account first to take advantage of that benefit.
LEARN MORE ABOUT NC 529 PLAN
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