Types of Financial Assistance

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 >


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.

Federal Supplemental Educational Opportunity Grant (FSEOG)

The Federal Supplemental Educational Opportunity Grant (FSEOG) is awarded 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.


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.


Direct Subsidized Loans

For undergraduate students with financial need. Youre not usually charged interest on the loan during certain periods, such as when youre in school at least half-time. The U.S. Department of Education (ED) is the lender; payment is owed to ED. Amounts are dependent on grade level and dependency status.

Direct Unsubsidized Loans

For undergraduate , graduate, and professional degree students. Financial need isnt required. You’re responsible for paying the interest during all periods. The U.S. Department of Education (ED) is the lender; payment is owed to ED. Amounts are dependent on grade level and dependency status.

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.

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.

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.


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.

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.


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.

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.

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.

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.