$4,092

Avg. Federal Grant

$4,536

Avg. Federal Loan

$9,636,708

Total Aid Awarded

Virginia Western Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

41%

Total Aid Amount Average Total Aid Awarded per year.

$9.637M

Financial Aid Official Website

virginiawestern.edu/financialaid/index.php

As many as 83% of the students at VWCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,635,932 in a year. For additional information about financial assistance schemes, one can head over to VWCC’s financial aid page at http://virginiawestern.edu/financialaid/index.php. At VWCC, the total percentage of applicants who receive the Federal Grant stands at 53%. On the other hand, 77% of the candidates get the Student Grant, 26% receive the Institution Grant, and 52% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,429, and the same stands at $1,532 for State Grant awardees and $2,915 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,382. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At VWCC, an estimated number of 10% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

44%

Institution Grant Aid

23%

Pell Grant

54%

Average Aid Awarded

Federal Grant Aid

$4,092

State Grant Aid

$1,428

Institution Grant Aid

$2,929

Pell Grant

$4,040

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,237

$30,001 - $48,000

$5,111

$48,001 - $75,000

$4,061

$75,001 - $110,000

$1,006

Over $110,000

N/A

Student Loans for Virginia Western Community College

Average Loan Amount Average Loan Amount received per year.

$4,557/Year

Students Taking Out Loans

14%

Loan Default Rate

17.3%

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