$2,733

Avg. Federal Grant

$4,001

Avg. Federal Loan

$601,221

Total Aid Awarded

College of Wilmington Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$601.221K

Financial Aid Official Website

www.collegeofwilmington.edu

It is interesting to note that, every year, around 98% of students at CW receive some kind of financial aid, while the total amount of assistance/loans provided is $707,704. At CW, the total percentage of applicants who receive the Federal Grant stands at 98%. On the other hand, 98% of the candidates get the Student Grant, while 98% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $2,339. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 CW, an estimated number of 98% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

92%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

92%

Average Aid Awarded

Federal Grant Aid

$2,733

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$2,733

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,137

$30,001 - $48,000

$641

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for College of Wilmington

Average Loan Amount Average Loan Amount received per year.

$4,001/Year

Students Taking Out Loans

92%

Loan Default Rate

13%

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