$4,901

Avg. Federal Grant

$5,576

Avg. Federal Loan

$25,274,722

Total Aid Awarded

Missouri Western State University (MWSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$25.275M

Financial Aid Official Website

https://www.missouriwestern.edu/finaid

As many as 98% of the students at MWSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $13,913,252 in a year. One can visit MWSU's financial aid page at https://www.missouriwestern.edu/finaid for more information. At MWSU, the total percentage of applicants who receive the Federal Grant stands at 51%. On the other hand, 94% of the candidates get the Student Grant, 77% receive the Institution Grant, and 51% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,062, the State Grant receivers and Institution Grant beneficiaries get $2,174 and $5,027, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,759. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 56% of the applicants to Missouri Western State University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

49%

State Grant Aid

49%

Institution Grant Aid

78%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$4,901

State Grant Aid

$2,139

Institution Grant Aid

$4,813

Pell Grant

$4,813

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$9,195

$30,001 - $48,000

$9,187

$48,001 - $75,000

$6,393

$75,001 - $110,000

$4,355

Over $110,000

$2,539

Student Loans for Missouri Western State University (MWSU)

Average Loan Amount Average Loan Amount received per year.

$5,872/Year

Students Taking Out Loans

54%

Loan Default Rate

13.3%

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