Affording Wesleyan

Sample Financial Aid Awards

 

Kevin is the older of two children, both of whom will be attending college. Kevin hails from Long Island and is interested in the writing program. He wants to become a historical fiction writer. His parents both work outside of the home earning around $145,000.  They have a little over $320,000 in assets, which includes equity in a home.  Kevin has saved about $1,000 from his summer job working at a local golf course.

Cost of Attendance
(including tuition, fees, room, board
and a book allowance)
$54,100
Family Resources  
     Parent Contribution

- $24770

     Student Contribution

- $2370

Demonstrated Need $26690
Federal Subsidized Stafford Loan

- $3500

Student Employment - $2600
Grants and Scholarships - $20860
Total Financial Aid to Meet Need $26960

 

David lives in the midwest with his 15-year-old brother and his two parents. David has expressed interest in the film program and participating in the student run theater. Both of his parents work outside of the home earning roughly $89,000 a year.  They have no savings  but do have some equity in a home.  David does not have any savings.

Cost of Attendance
(including tuition, fees, room, board, travel
and a book allowance)
$54,525
Family Resources  
     Parent Contribution - $9850
     Student Contribution - $1950
Demonstrated Need $42725
Federal Subsidized Stafford Loan - $3500
Student Employment - $2600
Grants and Scholarships - $36200
Total Financial Aid to Meet Need $42725

 

Thomas lives in New York City with his mom and two sisters. He is interested in the Biology program. Thomas will be the first in his family to attend college. His mom earns roughly $19,000 annually and has no assets.  Thomas does not have any savings.

Cost of Attendance
(including tuition, fees, room, board
and a book allowance)
$54,100
Family Resources  
     Parent Contribution -$0
     Student Contribution -$1700
Demonstrated Need $52400
Student Employment - $2600
Grants and Scholarships - $49800
Total Financial Aid to Meet Need $52400

 

Sarah lives in rural New England with her parents. She is interested in Sociology but still undecided on her major. Her parents are self-employed earning about $42,000 annually from their small corner store.  They have $12,000 in savings and have some equity in a home. Sarah has approximately $300 in savings.

Cost of Attendance
(including tuition, fees, room, board
and a book allowance)
$54,100
Family Resources  
     Parent Contribution - $1080
     Student Contribution - $2025
Demonstrated Need $50995
Federal Subsidized Stafford Loan - $1250
Student Employment - $2600
Grants and Scholarships - $47145
Total Financial Aid to Meet Need $50995

 

Allison lives in Sacramento, California with her parents and her older sister who is not attending college. She wants to major in Earth & Environmental Studies.  Both of her parents work outside of the home earning about $62,000 a year.  They live in a condo, which is rented, and have about $82,000 in savings.  Allison has about $1700 in savings from her summer internship.

Cost of Attendance
(including tuition, fees, room, board, travel
and a book allowance)
$54,600
Family Resources  
     Parent Contribution - $3900
     Student Contribution - $2380
Demonstrated Need $48320
Federal Subsidized Stafford Loan - $2250
Student Employment - $2600
Grants and Scholarships - $43470
Total Financial Aid to Meet Need $48320