$4,468

Avg. Federal Grant

$4,893

Avg. Federal Loan

$25,775,361

Total Aid Awarded

Texas Wesleyan University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$25.775M

Financial Aid Official Website

txwes.edu/admissions/scholarships-and-aid/

Interestingly, almost all of the students at TWU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $8,056,937 in a year. At TWU, the total percentage of applicants who receive the Federal Grant stands at 58%. In comparison, 100% of the students are awarded the Student Grant, 99% get the Institution Grant, and 58% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,572, the State Grant receivers and Institution Grant beneficiaries get $3,895 and $17,041, respectively. And, for the Pell Grant awardees, the average aid amount is $4,592. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. At Texas Wesleyan University, the percentage of candidates who opt to avail of student loans is around 63%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

50%

State Grant Aid

18%

Institution Grant Aid

98%

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$4,468

State Grant Aid

$3,464

Institution Grant Aid

$15,406

Pell Grant

$4,329

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$20,526

$30,001 - $48,000

$21,380

$48,001 - $75,000

$19,775

$75,001 - $110,000

$16,333

Over $110,000

$14,540

Student Loans for Texas Wesleyan University

Average Loan Amount Average Loan Amount received per year.

$6,129/Year

Students Taking Out Loans

63%

Loan Default Rate

6%

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