Understanding Nebraska Wesleyan University Tuition Costs
For many prospective students and their families, understanding the financial aspects of higher education is a critical step in the college decision-making process. This article provides a comprehensive overview of the tuition costs associated with Nebraska Wesleyan University (NWU), including a comparison to national averages, a breakdown of potential expenses, and details regarding financial aid opportunities.
NWU Tuition and Fees: A Comprehensive Overview
Nebraska Wesleyan University's tuition is $45,342. Compared with the national average cost of tuition of $46,950, Nebraska Wesleyan University is cheaper. In 2023, the median undergraduate tuition at Nebraska Wesleyan University is $40,648, which is $16,073 more than the national average for Masters Colleges and Universities ($24,575). In 2020-2021, the average tuition and fees at Nebraska Wesleyan University ran about $38,334 per year for students working on an undergraduate degree. Students from both in state and out of state paid the same price.
Breaking Down the Numbers
These figures include both tuition and fees, also referred to as the sticker price. Fees differ by institution and may fund library services, student gym facilities, student centers, technology resources and campus health centers. In 2020-2021, tuition was $37,402 and fees were $932, for a total of $38,334.
As you’re comparing costs of different institutions, also consider the total cost and the net price. The total cost is the sticker price, plus the cost of food and housing, books and supplies, and transportation and personal expenses. At Nebraska Wesleyan University, the total cost is $60,202.
Projected Costs
Est. If costs keep growing at the same rate students will be charged $41,363 this school year. At this rate, we estimate the total cost of tuition and fees for two years at NWU to be $84,328, and $175,318 for four years. This doesn't include other costs such as room and board, transportation or books.
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Take note of just how much the tuition and fees are increasing yearlyl. 2023 Undergraduate Tuition was $40,648, a 4.5% growth from 2022.
How NWU Compares to Other Schools
Nationwide, out-of-state students pay, on average, $19,933 per year in tuition and fees to attend college. Nebraska Wesleyan University is fairly expensive when compared to other schools across the United States. It's yearly out-of-state tuition and fees costs for undergrads is $38,334. In-state students pay the same as out-of state ones at NWU.
Nationwide, Plains States and Nebraska tuition and fees are considered expensive.
Note that a school may appear to be more expensive than another school when you look at tuition and fees alone, but it may actually be a better deal when you factor in financial aid packages.
Additional Expenses to Consider
Beyond tuition and fees, students should budget for other essential expenses.
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- Books and Supplies: $1,000 per year
- Personal Expenses: $2,500 per year
- Transportation: $1,000 per year
- Room and board: $11,652 in 2023. The cost of room and board increased by 3.11% between 2022 and 2023.
Navigating Financial Aid Options
Financial aid can include grants, loans, scholarships and work-study jobs. Financial aid packages vary depending on your financial need. Most colleges determine financial need based on your FAFSA.
In 2023 Nebraska Wesleyan University had an average net price - the price paid after factoring in grants and loans - of $24,863. Between 2022 and 2023, the average net price of Nebraska Wesleyan University grew by 1.34%. The average net price is a college’s cost of attendance minus the grants and scholarships you receive. The net price you pay for a particular college is specific to you because it’s based on your personal circumstances and the college’s financial aid policies. Use the college’s Net Price calculator for the most accurate estimate of your net price.
69% Students Receiving Financial Aid. Average Aid Package is $37,179.
The average need-based scholarship or grant awarded to first-year students at Nebraska Wesleyan University was $34,835. Additionally, 74% of first-year students received need-based financial aid in fall 2023.
Nebraska Wesleyan University met 82% of its students’ financial aid need. Read below to learn more about the types of aid available.
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Types of Financial Aid
- Need-Based Scholarships and Grants: Scholarships and grants don’t need to be paid back. $29,911 Average Need-Based Scholarship or Grant Award. Types of need-based scholarships/grants available.
- Need-Based Loans: Loans must be paid back. $4,335 Need-Based Loan Amount.
- Non-Need-Based Aid: $24,749 Non-Need-Based Aid. Merit-based aid, also called non-need-based aid, is awarded for a specific talent or academic achievement. The average non-need-based scholarship or grant awarded to first-year students at Nebraska Wesleyan University - excluding any athletic scholarships, if applicable - was $28,989.
- Need-Based Self-Help Aid: Need-based self-help aid includes federal loans and work-study. The average need-based self-help aid awarded to first-year students was $3,064.
- Work-Study and Campus Jobs: Working while in school can help lessen the burden of your student loans. Schools offer work-study programs to those who qualify and campus jobs to students looking to earn money in their free time. Some institutions match students with work-study positions, while others require them apply to the positions, like they would for any other job. Begin your job search by checking whether your college has in-person or online job boards.
Important Financial Aid Dates
- Financial Aid Application Due: Not available. The last day to apply for financial aid or turn in related paperwork.
- Priority Application Due: Not available. Applications received prior to this date will be given the strongest consideration. Still apply for financial aid if you don’t make this due date.
- Notification Date: Not available. When students receive a letter with the amount and types of aid the college is offering.
- Response Due: Not available. The deadline for students to respond to the college’s aid offer.
Scholarships
Scholarships are a type of funding that you don’t need to pay back. Need-based scholarships take a student’s financial status into account. Merit-based scholarships are awarded to students for academic or athletic achievement. You might also qualify for a scholarship based on your community service involvement, unique hobbies or traits, your personal background, or a parent’s employer or military affiliation. Some students receive enough in scholarship money to cover their tuition and living expenses.
Nebraska Wesleyan University is G.I. Bill certified and Institution participates in Yellow Ribbon Program.
Student Loan Debt at NWU
How much student loan debt you accumulate can affect your financial life long after college ends. Ideally, your total student loan debt should fall below your anticipated starting salary once you graduate.
At Nebraska Wesleyan University, the median federal loan debt among borrowers who completed their undergraduate degree is $26,970. The median monthly federal loan payment (if it were repaid over 10 years at 5.05% interest) for student federal loan borrowers who graduated is $286. Additionally, 16% of graduating students at Nebraska Wesleyan University took out private loans. Students with private loans had an average of $45,732 in private loan debt at graduation.
Average Total Indebtedness of 2024 Graduating Class is $34,011. 68% Graduating students who have borrowed (any loan type, 2024).
In 2021 the default rate for borrower's at Nebraska Wesleyan University was 0%, corresponding to 0 out of the 532 total borrowers.
Academic and Enrollment Information
In 2023, 461 degrees were awarded across all undergraduate and graduate programs at Nebraska Wesleyan University. 59% of these degrees were awarded to women, and 41% awarded men. The most common race/ethnicity group of degree recipients was white (384 degrees), 13.2 times more than then the next closest race/ethnicity group, hispanic or latino (29 degrees).
Nebraska Wesleyan University received 2,295 undergraduate applications in 2023, which represents a 3.16% annual growth. Out of those 2,295 applicants, 1,922 students were accepted for enrollment, representing a 83.7% acceptance rate. There were 1,690 students enrolled at Nebraska Wesleyan University in 2023. 3% of first-time enrollees submitted SAT scores with their applications. Nebraska Wesleyan University has an overall enrollment yield of 22.9%, which represents the number of admitted students who ended up enrolling.
The enrolled student population at Nebraska Wesleyan University, both undergraduate and graduate, is 74.9% White, 10.5% Hispanic or Latino, 3.96% Black or African American, 3.85% Two or More Races, 2.19% Asian, 0.414% American Indian or Alaska Native, and 0.0592% Native Hawaiian or Other Pacific Islanders.
In 2023, the most common bachelors degree concentration at Nebraska Wesleyan University was General Business with 51 degrees awarded.
Graduation and Career Outcomes
In 2023, 59% of students graduating from Nebraska Wesleyan University completed their program within 100% "normal time" (i.e. 4 years for a 4-year degree). Comparatively, 66% completed their degrees within 150% of the normal time, and 66% within 200%.
The most common jobs for people who hold a degree in one of the 5 most specialized majors at Nebraska Wesleyan University are Physicians (427,777 people), Other managers (201,860 people), Postsecondary teachers (186,754 people), Elementary & middle school teachers (172,104 people), and Lawyers, & judges, magistrates, & other judicial workers (170,265 people).
The most common industries for people who hold a degree in one of the 5 most specialized majors at Nebraska Wesleyan University are General medical and surgical hospitals, and specialty (except psychiatric and substance abuse) hospitals (560,743 people), Elementary & secondary schools (457,735 people), Colleges, universities & professional schools, including junior colleges (442,125 people), uniformed (372,386 people), and Offices of physicians (214,166 people).
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