$5,006

Avg. Federal Grant

$5,170

Avg. Federal Loan

$12,806,442

Total Aid Awarded

The University of Virginias College at Wise Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

57%

Total Aid Amount Average Total Aid Awarded per year.

$12.806M

Financial Aid Official Website

https://www.uvawise.edu/financialaid/

As many as 98% of the students at TUVCW get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,760,145 in a year. One can visit TUVCW's financial aid page at https://www.uvawise.edu/financialaid/ for more information. At TUVCW, the total percentage of applicants who receive the Federal Grant stands at 54%. On the other hand, 98% of the candidates get the Student Grant, 74% receive the Institution Grant, and 51% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,559, while the same comes to $4,586 for State Grant receivers and $6,630 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,741. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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 TUVCW, an estimated number of 39% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

44%

State Grant Aid

60%

Institution Grant Aid

79%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$5,006

State Grant Aid

$4,139

Institution Grant Aid

$7,435

Pell Grant

$4,735

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$13,755

$30,001 - $48,000

$13,720

$48,001 - $75,000

$11,413

$75,001 - $110,000

$10,193

Over $110,000

$7,997

Student Loans for The University of Virginias College at Wise

Average Loan Amount Average Loan Amount received per year.

$5,324/Year

Students Taking Out Loans

46%

Loan Default Rate

13.4%

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