Student Loans for William Paterson University Students

About William Paterson University

William Paterson University StudentHome to five undergraduate colleges and about 10,000 undergrads, William Paterson University is a public institution located in the town of Wayne, New Jersey. Home to about 54,000 people, Wayne is a suburban bedroom town only 15 miles outside of Manhattan, which makes for a great college setting in a few ways: it’s quieter than a big city, but it’s not way out in the middle of the country, and getting into Manhattan is super easy. Originally founded as a teacher’s college, it became a general university in 1966, and now has a College of Arts and Communication, a College of Business, a College of Education, a College of Humanities and Social Sciences, and a College of Science and Health.

We don’t think it makes all that much sense when college students spend tons of money during the semester while they’re borrowing money to pay their tuition bill. Does that make much sense to you? We hope it doesn’t, and we hope that you won’t be one of these students. A little bit of personal spending is okay, as long as you have room in your budget for it, like occasional trip into NYC with your friends or going out to eat at the local hotspots in Wayne. Just be sure that you watch your spending carefully!

William Paterson University and Student Loans

university loansVirtually every financial aid package handed out by schools has some mix of the four major components of aid: student loans, scholarships, work-study programs, and grants. These four pillars of student aid are often enough to satisfy the financial need of students at WPU: 52% of the student body takes out federal student loans, while 25% of the student body survives with just grants, scholarships, and work-study. A smaller portion of the student body receives all of this aid, but then is stuck with a gap between aid and the tuition bill: for these students who are short funding, private student loans are the common choice to bridge the tuition gap. If you need additional funding to make up the financial difference between your aid award and the total bill, check out our student loan comparison tool to search, compare, and apply for private student loans that are right for you.

Pay for William Paterson University of New Jersey*

Total Avg. Cost $24,668
Tuition $6,567
Room & Board $8,710
Financial Aid Information
Students Receiving Fin Aid 82%
Typical Grant Amounts
State/Local $4,660
Federal $4,387
%Receiving Loans 65%
Avg. Other Stud. Loans $11,473
%Receiving Other Loans 16%

Get into William Paterson University of New Jersey

Admission Rate 65%
Total Enrollment 10,820
Men 42%
Women 58%
Graduation Rate 52%
Application Fee $50

Contact William Paterson University of New Jersey

Address
300 Pompton Rd
Wayne, NJ 07470(973) 720-2000
Financial Aid Office URL
http://www.wpunj.edu/financial-aid/
Admissions Office URL
http://www.wpunj.edu/admissions/

*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics

 

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