$4,488

Avg. Federal Grant

$5,440

Avg. Federal Loan

$11,833,432

Total Aid Awarded

Kansas Wesleyan University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

96%

Total Aid Amount Average Total Aid Awarded per year.

$11.833M

Financial Aid Official Website

www.kwu.edu/future-students/tuition-fees/financial-aid

Among them are scholarship programs such as Albert M. Lappin Scholarship, Eisenhower Scholarship, Hansen Leaders of Tomorrow, and Hansen Scholar Award. Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,774,617. For additional information about financial assistance schemes, one can head over to KWU’s financial aid page at http://www.kwu.edu/future-students/tuition-fees/financial-aid. The total percentage of candidates applying to Kansas Wesleyan University who receive the Federal Grant is 47%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 47% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,479, and the same stands at $3,286 for State Grant awardees and $16,662 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,547. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $17,973 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $15,960 and $14,415, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $15,007. And, for those with a family income of more than $110,000, the amount stands at $13,856. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 Kansas Wesleyan University, the percentage of candidates who opt to avail of student loans is around 84%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

21%

Institution Grant Aid

97%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$4,488

State Grant Aid

$3,267

Institution Grant Aid

$14,850

Pell Grant

$4,260

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$18,617

$30,001 - $48,000

$20,152

$48,001 - $75,000

$16,126

$75,001 - $110,000

$17,535

Over $110,000

$14,887

Student Loans for Kansas Wesleyan University

Average Loan Amount Average Loan Amount received per year.

$6,532/Year

Students Taking Out Loans

87%

Loan Default Rate

6.7%

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