A Wesley education can open so many doors. Lead to so many opportunities. Result in truly great things. So when we make the decision to accept a student, it’s because we feel they belong here—and we’ll do everything in our power to make sure cost isn’t an issue.
That’s why we’re committed to helping every admitted student afford Wesley through scholarships, loans, grants, and more. We award nearly $9 million in institutionally funded financial aid every year—and we remind current students they can continue to apply for scholarships even after they begin. Read on…
The Breakdown of Costs(Before Financial Aid & Awards)
Here’s what the costs looks like for the 2015-2016 year. Keep in mind this total doesn’t factor in any financial aid.
|Full-time Undergraduate Students (12-18 Credit Hours Per Semester)
|Traditional Room - Gooding/Williams - Double Occupancy
|Traditional Room - Roe/Carpenter - Double Occupancy
|Academic Village - Malmberg Traditional - Double Occupancy
|Academic Village - Malmberg Suites - Four-person Occupancy
|Academic Village - Malmberg Suites - Six-person Occupancy
|Academic Village - Zimmerman - Four-person Occupancy
|Ultimate 19 (Mandatory for freshman in Traditional Rooms)
|Social Lite (Zimmerman Hall & Honors House)
|Graduate Tuition (Per Credit Hour)
|Late Registration Fee
|Overload Fee (over 18 credits)
|Vehicle Registration Fee
Here’s How You Can Make Wesley Affordable
Need assistance with financing the costs mentioned above? There are a number of financial aid options available for you to explore. After you read through these, take a look at the next steps below to find out what to make of all this information.
Federal Parent PLUS Loans
These allow creditworthy parents to borrow funds to pay for their undergraduate student’s college costs not covered by other types of aid.
Available to eligible students, this loan carries a 5 percent interest rate and does not have to be repaid while the student is enrolled at least half-time (6 credit hours).
Unlike a loan, Pell Grants don’t have to be repaid. Amounts change each year; the maximum Federal Pell Grant award for the 2015-16 award year is $5,775.
Federal Supplemental Educational Opportunity Grant (FSEOG)
Awarded to those students eligible for the Pell Grant first, FSEOG awards at Wesley are limited to federal funding.
Federal Direct Stafford Loans
Eligibility for this interest-bearing loan—which does not have to be repaid while the student is at least enrolled half-time (6 credit hours)—ranges from $5,500 for freshmen, $6,500 for sophomores, and $7,500 for juniors/seniors each academic year.
Awarded by the Office of Admissions to new students admitted to Wesley College, these scholarships carry specific cumulative grade point average requirements for subsequent renewal.
Wesley Need-Based Grant
This is awarded to eligible students, in conjunction with other institutional scholarships and grants, who complete the FAFSA and demonstrate financial need as determined by Wesley College.
Monthly Payment Plans
For a small enrollment fee, families may budget the cost of tuition and on-campus room and board in monthly installment plans—with no interest charged on balances paid. Or, payments can be made in full each semester by cash, check, money order, credit, or debit card. For more information, contact the Business/Finance Office at 302.736.2331.
Federal Work Study (FWS)
This allows students to work on and off campus, earning a specific award amount over a semester or academic year (two semesters). At Wesley, a student awarded FWS may have their earnings applied to any outstanding balance owed for tuition, room, and board.
Students not awarded Federal Work Study may be considered for this student work program funded directly by Wesley College. For application information and work program job postings, please contact the Office of Student Financial Planning.
Also referred to as private loans, these loans are offered by banks or lending institutions to creditworthy applicants. Most are borrowed in the student’s name, but some students may only be eligible with a creditworthy co-signer. For help comparing lenders and student loans, visit www.elmselect.com.
Scholarships You May Be Eligible for After You Enroll
Thanks to our generous community, we’re able to award scholarships to current students every year. So even after you enroll, you may be able to receive additional funding to cover the costs of your Wesley education.
Wesley Scholarships Page