Potomac State College of West Virginia University Financial Aid and Scholarships
Students Receiving Aid
68%
Total Aid Amount
$5.475M
Financial Aid Official Website
potomacstatecollege.edu/admissions/financing_your_education/
As many as 93% of the students at PSCWVU get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,366,657 in a year. The total percentage of candidates applying to Potomac State College of West Virginia University who receive the Federal Grant is 57%. On the other hand, 83% of the candidates get the Student Grant, 50% receive the Institution Grant, and 57% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,694, while the same comes to $3,348 for State Grant receivers and $1,744 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,328. 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. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 58% of the applicants to Potomac State College of West Virginia University opt for student loans.
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