Central Washington University (CWU) Financial Aid and Scholarships
Students Receiving Aid
65%
Total Aid Amount
$58.244M
Financial Aid Official Website
www.cwu.edu/financial-aid
Students can avail of scholarships provided by the university, such as Alumni Association Scholarship, American Indian Endowed Scholarship, Bess Mikalson, and Bobbi McCallum Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 90% of students at CWU receive some kind of financial aid, while the total amount of assistance/loans provided is $35,835,646. More information regarding the financial assistance schemes can be accessed on CWU’s official financial aid page at http://www.cwu.edu/financial-aid. The total percentage of candidates applying to Central Washington University who receive the Federal Grant is 35%. On the other hand, 85% of the candidates get the Student Grant, 71% receive the Institution Grant, and 35% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,974, while the same comes to $6,085 for State Grant receivers and $3,361 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,666. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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 CWU, an estimated number of 57% of the applicants choose to go for student loans.
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