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Paying for College - What you need to know

 

See yourself. Preparing for a great career. Having some fun. Not breaking the bank.

 

At Wayne State, you can get a quality education and be involved without getting a mountain of debt in return.

 

Not only does Wayne State offer the region’s most affordable tuition, most of our students will receive some sort of financial assistance, whether it’s in the form of scholarships, grants, loans, or a combination of all three.

 

There are two main types of financial aid: need-based and merit-based.  Need-based aid includes grants or gift assistance, which you do not pay back; loans, which may come from the federal government, or private banks, and employment, also known as work-study. Eligibility for need-based aid is determined by the amount of financial need you have.

 

Merit-based aid, or scholarships, are determined according to academic achievement, leadership, artistic talent, athletic talent or other personal qualities that distinguish you in the applicant pool. Merit-based aid doesn't consider you or your family's financial situation, so in other words you could be Bill Gates' kid and still receive a merit-based scholarship.

 

Tuition & Fees

Annual Costs for current academic year

 

Scholarships & Grants

Scholarships

Freshmen Scholarships

Upperclassmen/Transfer Scholarships

Grants

 

Financial Aid (Loans)

How and When to Apply

Available Loans

 

Residency

Residency Classification

 

 

Paying for College Quick Fact

More than 80% of first-year students receive some type of financial aid.

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