$4,605

Avg. Federal Grant

$5,248

Avg. Federal Loan

$60,210,808

Total Aid Awarded

Roger Williams University (RWU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

81%

Total Aid Amount Average Total Aid Awarded per year.

$60.211M

Financial Aid Official Website

https://www.rwu.edu/undergraduate/admission-aid/financial-aid

Roger Williams University hands over generous amounts of money through scholarships, aids, and grants to students for aiding them in their career and educational ride.

RWU has provided $60.211 Million ($60,210,808) in financial aid which is pretty big and about 81% of students have reported having received financial aid which is much larger than most colleges.

Students willing and eligible to receive financial aid can apply before the deadline through FAFSA (Free Application for Financial Student Aid).

One can also visit the university website for more details.

Scholarships

The scholarship is a great way of acknowledging students based on their merit, qualification, and above all a way to showcase financial support to students in their pursuance for education.

Scholarships can be paid by universities, federal or state governments, or outside entities. These scholarships can be earned based on one’s academic excellence such as GPAs, essays, and selection process and it is based on student’s merit.

Institutional Scholarships

RWU provides merit-based scholarships of over $29 Million ranging from $8,500 to $22,500. All incoming students are eligible for merit-based scholarships after review of their applications.

High-performance students receive departmental scholarships based on their performance from their departments.

The various scholarship awards are:

Merit Scholarships: No higher GPA is required, students need to remain in good standards with university only.

  • Community Scholarship: An amount ranging between $8,500 to $12,000 is awarded.
  • Dean Scholarship: An amount between $13,000 to $17,000 is awarded.
  • Presidential Scholarship: An amount between $18,000 to $22,500 is awarded to eligible candidates.

Academic Excellence Scholarships: A sum of $1,000 is awarded to students with a GPA of equal and above 3.6 GPA at the end of the academic year.

SAAHP has various endowed scholarship funds available for students. The various scholarship awards are:

  • Paul Arris Scholarship
  • Kaestle Boos Associates Scholarship
  • Zachary Shapiro Scholarship
  • Raj Saksena Scholarship
  • AIA Rhode Island Scholarship

Grants

Grants are also financial aids but unlike scholarships, grants are provided to students based on their financial needs and circumstances.

Federal Grants

This program needs a FAFSA (Free Application for Federal Student Aid) form for determining the student’s eligibility. We recommend using an online method rather than a paper mode of submission for easier and faster approval.

Pell Grant is one of the federal grants provided which assists students in exceptional financial needs.

Students with the lowest family requirement are recipients of Pell Grants.

State Grants

Many states have scholarships and grant programs for students attending institutions of higher education. The application process, eligibility criteria, and the number of awards differ from state to state. Specific information can be obtained from high school guidance offices and the Department of Education in the applicant’s state.

Institutional Grants

RWU Travel Grant is provided to students who reside outside the northeast of the United States.

An amount of $1,500 is provided to all qualified students to support international students and families as a means of gratitude from the college.

This grant is renewed annually and students meeting geographic criteria are automatically eligible for these grants.

Loans

Loans are provided to the required students. Students who are not eligible for any of the grants, scholarships are advised to use the student loans provided to them. Loans are provided with interest and have to be paid back after a certain amount of time.

The various types of loans provided are:

  • Subsidized Federal Direct Loans: These loans are low interest and a cumulative amount of $23,000 is provided for the whole 4 years.
  • Subsidized Federal Direct Loans: These loans are also of low interest and are not awarded based on financial needs.

Federal PLUS Loans: These loans are for students to be borrowed by their parents. Various private loan options are also available.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

17%

State Grant Aid

2%

Institution Grant Aid

99%

Pell Grant

17%

Average Aid Awarded

Federal Grant Aid

$4,605

State Grant Aid

$1,636

Institution Grant Aid

$14,303

Pell Grant

$4,055

The average student institutional grant aid is $14,303 and around 99% of the students receive institutional grants.

The students receiving Pell Grant and Federal Grant Aid are 17% in both cases however the average aid received per student is $4,055 for Pell Grants and $4,605 for Federal Grant Aid.

The student population receiving State Grant Aid is 2% and the average amount per student from State Grant Aid is $1,636.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$21,100

$30,001 - $48,000

$20,664

$48,001 - $75,000

$17,395

$75,001 - $110,000

$15,506

Over $110,000

$14,111

The average federal aid per year provided to students with family income below $30,000 is $21,100.

And the family income whose range is between $30,001 to $48,000 has the average federal aid is $20,664.

Similarly, the average federal aid for the family with incomes between $48,001 to $75,000 is $17,395.

And families with incomes ranging between $75,000 to $110,000 are provided with $15,506 as federal aids.

For families whose income is over $110,000, federal aid is $14,111.

Student Loans for Roger Williams University (RWU)

Average Loan Amount Average Loan Amount received per year.

$12,567/Year

Students Taking Out Loans

71%

Loan Default Rate

2.7%

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