Types of Financial Assistance


Grants and Scholarships

Federal Pell Grant – Federal need-based grant determined by the results of the FAFSA.

Federal Supplemental Educational Opportunity Grants – Available for students showing exceptional financial need. Students receiving Federal Pell Grants are given priority. Awards vary from $200 to a maximum of $4,000 per year, depending upon funds available and the need of students.

NCWC Scholarships and Grants – College funded scholarships and grants based on GPA, SAT scores and financial need.

NC Wesleyan students study on lawn
NC Wesleyan students walk through campus

Are you a Veteran applying for Veteran Benefits?

If you are a U.S. veteran, active duty service member, or the spouse or child of a U.S. veteran, you may be eligible for various educational benefits through the GI Bill. These benefits are administered through the Department of Veterans Affairs. For more information or assistance, please contact Laura Estes Brown at LEstes@ncwc.edu or 919.988.9270.

Are you an Adult Student?

Students enrolled in the Adult Studies Program are only eligible for NC Need-Based Scholarship, Federal Pell Grant, and Direct Loans. (Eligibility is also determined by a completed FAFSA. Not all students will qualify).

Learn more about Veteran Educational Benefits >

Loans

Federal Perkins Loan – Low-interest student loan awarded on the basis of need.

Federal Direct Loan (Subsidized and Unsubsidized) – Loan for students. Interest for Subsidized Stafford Loans is 5.4% for the 2017-2018 academic year and 4.45% for Unsubsidized Stafford Loans. Repayment begins 6 months after graduation or ceasing half-time enrollment. Separate application(s)/processes are required.

Federal Direct PLUS Loan (Parent Loan for Undergraduate Student) – Federal loan for parents of undergraduate students. The interest rate for 2017-2018 is 7% fixed. Separate applications and a credit check are required.

Alternative Loan – Student loans available and should be used as a last resort. Interest rates and repayment benefits will vary depending on the loan chosen.

NC Wesleyan students in library
NC Wesleyan students at chapel

Federal Work Study

Work Study – Federal work program to assist students with payment of educational costs. Eligibility is based on the results of the FAFSA. Note: Students are paid directly for work study hours earned and funds cannot be subtracted from the student account balance.