$4,497

Avg. Federal Grant

$3,500

Avg. Federal Loan

$393,899

Total Aid Awarded

Allegheny Wesleyan College (AWC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

100%

Total Aid Amount Average Total Aid Awarded per year.

$393.899K

Financial Aid Official Website

awc.edu/become-a-student/cost-and-financial-aid/financial-aid

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $127,500. At AWC, the total percentage of applicants who receive the Federal Grant stands at 92%. On the other hand, 100% of the candidates get the Student Grant, 92% receive the Institution Grant, and 77% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,967, the State Grant receivers and Institution Grant beneficiaries get $500 and $1,276, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,566. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Allegheny Wesleyan College, the percentage of candidates who opt to avail of student loans is around 92%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

65%

State Grant Aid

6%

Institution Grant Aid

94%

Pell Grant

65%

Average Aid Awarded

Federal Grant Aid

$4,497

State Grant Aid

$226

Institution Grant Aid

$2,189

Pell Grant

$4,429

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,837

$30,001 - $48,000

$7,156

$48,001 - $75,000

$4,691

$75,001 - $110,000

$1,525

Over $110,000

N/A

Student Loans for Allegheny Wesleyan College (AWC)

Average Loan Amount Average Loan Amount received per year.

$3,500/Year

Students Taking Out Loans

76%

Loan Default Rate

N/A

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