Wingate University strives to make education at an independent university affordable. In fact, one college-loan website ranks Wingate tops among North Carolina colleges and universities in providing financial aid.
LendEDU, which operates a website where students and their parents can research how best to pay for college, lists Wingate as No. 49 in the nation and No. 1 in North Carolina for undergraduate financial aid.
Using data from Peterson’s Undergraduate Financial Aid Database and the National Center for Education Statistics’ Integrated Postsecondary Education Data System (IPEDS), LendEDU ranked 829 independent and state-run colleges and universities across the United States, based on data for 2017-2018. It gave the greatest weight, 60 percent, to need-based financial aid. To come up with a composite score, it also considered non-need-based aid (34 percent) and international aid (6 percent).
Wingate wound up with a total score of 85.95, placing it 37 spots ahead of the only other North Carolina school in the top 100, Catawba College (86th). No. 3 in North Carolina was Davidson College, coming in at No. 161 nationally.
The site gave Wingate students who have financial need a 90 percent likelihood of receiving need-based aid, with 77 percent of that need being met. It also calculated that the average student receives $8,391 a year in non-need-based aid.
Ninety-eight percent of Wingate students receive some form of financial aid, and about 86 percent of students receive non-academic aid.
The generosity of donors such as Porter B. Byrum has helped countless students receive a Wingate education over the years. Byrum, a Charlotte lawyer and businessman, gave nearly $21 million to the University in 2011 and another $35 million upon his death in 2017. Most of that money goes toward providing scholarship aid to those in need.
Also, the Gateway Scholarship program, begun last year, helps students who earn an associate degree at South Piedmont Community College to attend Wingate for a reduced cost.
January 16, 2020