$4,782

Avg. Federal Grant

$6,264

Avg. Federal Loan

$20,708,343

Total Aid Awarded

Roberts Wesleyan College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$20.708M

Financial Aid Official Website

www.roberts.edu/undergraduate/tuition-and-aid.aspx

Notably, 99% of the students at Roberts Wesleyan College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,583,108. The total percentage of candidates applying to Roberts Wesleyan College who receive the Federal Grant is 36%. On the other hand, 97% of the candidates get the Student Grant, 96% receive the Institution Grant, and 36% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,277, while the same comes to $2,565 for State Grant receivers and $18,511 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,349. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At RWC, an estimated number of 73% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

38%

State Grant Aid

46%

Institution Grant Aid

94%

Pell Grant

38%

Average Aid Awarded

Federal Grant Aid

$4,782

State Grant Aid

$2,360

Institution Grant Aid

$16,993

Pell Grant

$4,109

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$24,493

$30,001 - $48,000

$22,210

$48,001 - $75,000

$19,373

$75,001 - $110,000

$18,256

Over $110,000

$17,058

Student Loans for Roberts Wesleyan College

Average Loan Amount Average Loan Amount received per year.

$8,554/Year

Students Taking Out Loans

70%

Loan Default Rate

4.1%

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