NC Wesleyan College
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Types of Financial Aid

Funding for an education at NCWC is available from federal, state, and private sources. To receive federal and state funding one must apply and qualify for financial aid. Other sources such as local, private, and institutional are awarded on the basis of other criteria, particularly academic achievement.

ATTENTION:  ALL ADP STUDENTS:  Adult Degree Students are only eligible for NCLTG, Federal Pell Grant, and Stafford Loans.

Financial Aid at NCWC consists of the following:

  • Grants-"gift money" from federal, state, and endowed college funds.
  • Scholarships-"gift money" that is awarded on the basis of academic achievement (merit scholarships) or a combination of academic performance and financial need.
  • Loans-money one can borrow from college loan programs and outside lenders.
  • Jobs-money one can earn through Federal Work Study on campus.

Federal Student 
Aid Programs

Type of Aid

Other Information

Annual Award Limits

Federal Pell Grant

Grant:  does not have to be repaid

Available to under-graduates only

based on financial need

Federal Supplemental Educational Opportunity
Grant (FSEOG)

Grant:  does not
have to be repaid

Campus-Based Program;
Undergraduates only

based on financial need

Federal Work Study

Money is earned;

Does not have to be repaid

Campus-Based
Program

based on financial need

North Carolina State Contractual Grant Program Grant: does not have to be repaid Need Based, North Carolina Resident Grant Program based on financial need
North Carolina State Legislative Tuition Grant Program Grant: does not have to be repaid Full Time Enrollment, North Carolina Resident Grant Program Up to $1,900

Federal Perkins Loan

Loan:
must be repaid

Campus-Based
Program

based on financial need

Stafford Loan Program

Loan:
must be repaid

Enrolled in an eligible program of study at least half-time

$3,500 to $10,500 depending on grade level and dependency status

Undergraduate

Unsubsidized Stafford
Loan

Loan:
must be repaid

The borrower is responsible for interest during the life of the loan

$3,500 to $10,500 depending on grade level

Undergraduates

Plus Loan

Loan:
must be repaid

Available to parents for a dependant child.

Cost of attendance minus other financial aid received

For more information on following federal student loans click on the link below:

www.wachovia.com provides you with information on how to apply for a Stafford and Parent(PLUS) loan.

For more information on the Work Study Program at Wesleyan please click on the link below:

For more information on private scholarship searches please visit the following links:


Last updated by webmaster@ncwc.edu on 04/18/08
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