$4,760

Avg. Federal Grant

$5,155

Avg. Federal Loan

$9,680,511

Total Aid Awarded

University of West Alabama (UWA) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

78%

Total Aid Amount Average Total Aid Awarded per year.

$9.681M

Financial Aid Official Website

https://www.uwa.edu/admissions/undergraduate/financialaid

It is interesting to note that, every year, around 97% of students at UWA receive some kind of financial aid, while the total amount of assistance/loans provided is $12,483,937. More information regarding the financial assistance schemes can be accessed on UWA’s official financial aid page at https://www.uwa.edu/admissions/undergraduate/financialaid. At UWA, the total percentage of applicants who receive the Federal Grant stands at 75%. Meanwhile, 93% of the applicants receive the Student Grant and 59% are awarded the Institution Grant, while 62% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,270, while the same comes to $720 for State Grant receivers and $3,342 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,852. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 96% of the applicants to University of West Alabama opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

64%

State Grant Aid

2%

Institution Grant Aid

66%

Pell Grant

60%

Average Aid Awarded

Federal Grant Aid

$4,760

State Grant Aid

$750

Institution Grant Aid

$5,332

Pell Grant

$4,971

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,981

$30,001 - $48,000

$6,208

$48,001 - $75,000

$6,254

$75,001 - $110,000

$4,928

Over $110,000

$4,953

Student Loans for University of West Alabama (UWA)

Average Loan Amount Average Loan Amount received per year.

$7,077/Year

Students Taking Out Loans

96%

Loan Default Rate

7.8%

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