Oklahoma Wesleyan University (OKWU) Financial Aid and Scholarships
Students Receiving Aid
89%
Total Aid Amount
$10.462M
Financial Aid Official Website
www.okwu.edu/financial-aid/
Students can avail of scholarships provided by the university, such as American Society of Landscape Architects Scholarship, Capitol Hill High School Scholarship, Carnegie Dartlet $10,000 Scholarship, and Central High School Alumni Association Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that almost every student at OWU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $4,758,171. One can visit OWU's financial aid page at http://www.okwu.edu/financial-aid/ for more information. Notably, a total of 46% of the applicants to Oklahoma Wesleyan University receive the Federal Grant every year. Meanwhile, 99% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 44% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,806, while the same comes to $4,639 for State Grant receivers and $12,235 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,378. 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 $13,595 per year. The average aid amount stands at $13,895 for an annual family income between $30,001 and $48,000. This amount comes to $11,453 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $8,709 for those with an annual family income between $75,001 and $110,000, and at $9,493 for an income more than $110,000. 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. Candidates are also required to repay these loans within a given period. At Oklahoma Wesleyan University, the percentage of candidates who opt to avail of student loans is around 70%.
![Schools That Require the CSS Profile [Complete List for 2021/2022]](https://www.thecollegemonk.com/images/blog/every-school-th56.jpg)
