OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Virginia Wesleyan University Financial Aid and Scholarships 2022

A private, United Methodist university, Virginia Wesleyan University is situated in Virginia Beach, Virginia. Virginia Wesleyan University covers an area of 300 acres. It was in 1961 when the Virginia Wesleyan University was founded. Keeping the pursuit of research, innovation, and excellence at the center, Virginia Wesleyan University has been imparting quality education to its students. The motto of the varsity is Sapientia Illuminat Viam and its official colors are dark blue, grey/silver a

Virginia Wesleyan University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

92%

Total Aid Amount Average Total Aid Awarded per year.

$29.322M

Financial Aid Official Website

www.vwu.edu/admissions/financial-aid/

It is interesting to note that almost every student at VWU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $4,599,555. For additional information about financial assistance schemes, one can head over to VWU’s financial aid page at http://www.vwu.edu/admissions/financial-aid/. The total percentage of candidates applying to Virginia Wesleyan University who receive the Federal Grant is 41%. In comparison, 100% of the students are awarded the Student Grant, 99% get the Institution Grant, and 41% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,553, and the same stands at $2,982 for State Grant awardees and $21,036 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,643. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $26,303 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $23,874, while those falling in the $48,001-$75,000 income category get $23,194 a year. On the other hand, the average federal aid stands at $23,140 for those with an annual family income between $75,001 and $110,000, and at $19,667 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 Virginia Wesleyan University, the percentage of candidates who opt to avail of student loans is around 75%.

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