
The University of Wyoming offers various scholarships and financial aid opportunities for students. The university provides need-based and merit-based aid, with an average need-based scholarship or grant of $6,600 awarded to first-year students. Additionally, 46% of first-year students received need-based financial aid, with an average self-help aid amount of $3,037. The university also offers different types of federal loans, including Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans. To receive federal financial aid, students must complete the FAFSA (Free Application for Federal Student Aid) and meet certain conditions. The university aims to provide students with the necessary financial resources to fund their education and ensure they complete their degree programs.
Characteristics | Values |
---|---|
Total cost for in-state students | $25,868 |
Total cost for out-of-state students | $41,648 |
Average net price for in-state students | $19,108 |
Average net price for out-of-state students | $36,915 |
Average need-based scholarship or grant for first-year students | $6,600 |
Percentage of first-year students who received need-based financial aid in fall 2022 | 46% |
Average need-based self-help aid for first-year students | $3,037 |
Average non-need-based scholarship or grant for first-year students | $4,196 |
Percentage of students' financial aid needs met | 58% |
Median federal loan debt among undergraduate borrowers | $18,000 |
Median monthly federal loan payment | $191 |
Percentage of graduating students who took out private loans | 9% |
Average private loan debt at graduation | $33,201 |
Types of financial aid available | Scholarships, federal loans, work-study, grants, direct loans, direct PLUS loans |
What You'll Learn
Scholarships and grants
The University of Wyoming offers scholarships and grants to its students. These are often based on merit or financial need. The average need-based scholarship or grant awarded to first-year students is $6,600, with 46% of first-year students receiving this form of financial aid. The average non-need-based scholarship or grant is $4,196. The university also offers federal loans and work-study programs.
To apply for need-based scholarships or grants, students must file a FAFSA (Free Application for Federal Student Aid) for the following academic year. The FAFSA is used to calculate a family's ability to pay for college. All scholarships are awarded through the online application system called WyoScholarships. Students can view all the scholarships on offer by going to Opportunities > Ours or Opportunities > Recommended, and from there they can click "Show Filters" to filter by their College or Department.
The University of Wyoming also offers external scholarships, which are developed and funded by organisations external to the university. These are available to the public and can help students cover the costs of their education and education-related expenses. Eligibility rules for these scholarships are created by the organisation offering them and can depend on many factors.
Additionally, the state of Wyoming has established a scholarship program in the name of former Wyoming Governor Stan Hathaway. This program provides merit and need-based awards to eligible Wyoming-resident students to attend a Wyoming Community College or the University of Wyoming.
Top US University Choices for International Students
You may want to see also
Student loans
The University of Wyoming is eligible for student aid from the US Department of Education (USDoE) in the form of student loans, scholarships, and work-study programs.
Federal Direct Student Loan Program
The Federal Direct Student Loan Program (Direct Loan Program) is funded by the federal government and offers long-term, low-interest loans to students and parents. There are several types of Direct Loans:
- Direct Subsidized Loans: Offered to undergraduate students who demonstrate financial need. The federal government pays the interest during certain periods when the borrower isn't required to make payments.
- Direct Unsubsidized Loans: Available to undergraduate, graduate, and professional-school students who do not demonstrate financial need or who need additional funds after receiving the maximum Direct Subsidized Loan.
- Direct PLUS Loans: These loans are for parents of dependent students, as well as graduate and professional-degree students. Eligibility is based on the borrower's credit history and ability to repay, and they have a higher interest rate and origination fee than other Direct Loans.
- Federal Direct Graduate PLUS Loans: Offered to graduate and professional degree-seeking students with a credit-based application process. These loans have a higher interest rate and origination fee, and interest accrues immediately after disbursement.
- Federal Perkins Loans: These provide low-interest loans to undergraduate, graduate, and professional-degree students with high financial need. Interest does not accrue, and loan payments are not required until after a nine-month grace period following graduation or a decrease in enrolment below half-time status.
Scholarships and Work-Study Programs
The University of Wyoming offers scholarships based on merit or financial need. The average need-based scholarship or grant awarded to first-year students was $6,600, and 46% of first-year students received need-based financial aid. Additionally, the university provides work-study programs, such as Federal Work-Study, where eligible students can work on on-campus jobs.
The University of Wyoming's office of Scholarships & Financial Aid assists students in understanding their options for funding their education, including scholarships, federal financial aid, and student loans.
Black Student Enrollment at Princeton University: The Numbers
You may want to see also
Work-study programs
The University of Wyoming offers financial aid to its students, which is awarded based on need or merit. The average need-based scholarship or grant awarded to first-year students is $6,600, with 46% of first-year students receiving need-based financial aid. The University of Wyoming also offers Federal Work-Study, a need-based program where eligible students can work in various departments on campus.
To apply for the Federal Work-Study program, students must file a Free Application for Federal Student Aid (FAFSA). If offered a position, students can accept their award on WyoWeb, under the Student Financials Tab, Financial Aid Awards. Students can then review and apply for Federal Work-Study positions through the Human Resources website. The part-time pay rate is based on an hourly wage, which is determined by the department but will not be less than the federal minimum wage. Students are paid bi-monthly on the 15th and the last working day of each month, with the option to have their paychecks directly deposited into their bank accounts or mailed to their addresses.
The University of Wyoming has a range of student employment opportunities on campus, which can be found on its job and internship site, Handshake. Handshake offers a complete set of employment tools for job seekers, including a resume builder, job searching, and a customized profile/dashboard. Additionally, the University's Advising, Career, Exploratory Studies Center (ACES) provides resources and support to help students learn about job resources and how to use them.
Exploring Student Population at Georgia College and State University
You may want to see also
Eligibility criteria
The University of Wyoming offers scholarships for students who meet particular eligibility criteria, which are often based on merit or financial need. Students can apply for financial aid by filing the Free Application for Federal Student Aid (FAFSA) for the following academic year before the scholarship's posted application deadline. The FAFSA can be completed through June 30 of the year prior to the academic year for which aid is needed.
For need-based aid, the student or their family's ability to pay for college is calculated by the FAFSA. The average need-based scholarship or grant awarded to first-year students at the University of Wyoming was $6,600, with 46% of first-year students receiving this type of aid in fall 2022. Need-based self-help aid includes federal loans and work-study programs. The average need-based self-help aid awarded to first-year students was $3,037.
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 the University of Wyoming was $4,196, excluding any athletic scholarships. The University of Wyoming met 58% of its students’ financial aid needs.
Additionally, the University of Wyoming offers Student Health Services to all currently enrolled students, including undergraduate and graduate students, as well as part-time and full-time learners. Students taking six or more credit hours during the academic year are automatically charged the consolidated student services fee, which includes access to Student Health. Eligible student benefits include zero-charge office visits, while services such as laboratory, allergy immunotherapy, immunizations, medical supplies, and medical and surgical procedures incur an additional fee. Students taking fewer than six credit hours may purchase the Optional Student Fee Package for access to Student Health.
Indiana State University: Student Population and Campus Life
You may want to see also
Total costs and net prices
The total cost of attendance at the University of Wyoming is $25,868 for in-state students and $41,648 for out-of-state students. This total cost includes the sticker price, as well as the cost of food and housing, books and supplies, and transportation and personal expenses.
The net price is the average cost of the university after aid and scholarship funds are discounted from the total cost. The net price for in-state students is $19,108, while for out-of-state students receiving need-based aid, it is $36,915. The overall average net price paid by all freshmen is $11,236, which is well below the national average of $20,398.
The University of Wyoming offers scholarships and financial aid to help students with the cost of attendance. The average need-based scholarship or grant awarded to first-year students is $6,600, and 46% of first-year students received this type of financial aid in the fall of 2022. Additionally, the average need-based self-help aid, which includes federal loans and work-study, is $3,037. Merit-based aid, also known as non-need-based aid, is awarded for specific talents or academic achievements. The average non-need-based scholarship or grant for first-year students is $4,196, excluding any athletic scholarships.
The University of Wyoming also offers Federal Work-Study, a need-based program where eligible students can work in various departments on campus. To apply for Federal Work-Study, students must file the Free Application for Federal Student Aid (FAFSA). The FAFSA is also used to determine need-based aid, which is calculated based on the student's or their family's demonstrated ability to pay for college.
It is important to note that the net price of attendance can vary based on factors such as family income, assets, and individual financial need. Students can use the University of Wyoming's net price calculator to get a more personalized estimate of the cost of attendance.
Exploring Salem State University's Student Population
You may want to see also
Frequently asked questions
The University of Wyoming is eligible for federal student aid. Students can apply for financial aid by filing the Free Application for Federal Student Aid (FAFSA). The FAFSA for the 2025-2026 academic year is available at studentaid.gov.
The University of Wyoming offers various types of federal student aid, including scholarships, grants, work-study programs, and loans.
To apply for federal student loans, you must complete the FAFSA. There are different types of Direct Loans available, such as Direct Subsidized Loans, Direct Unsubsidized Loans, and Direct PLUS Loans.
Yes, the University of Wyoming offers scholarships based on merit or financial need. Students must file a FAFSA and apply through the online application system called WyoScholarships.