$5,007

Avg. Federal Grant

$7,249

Avg. Federal Loan

$425,155

Total Aid Awarded

Wade College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

67%

Total Aid Amount Average Total Aid Awarded per year.

$425.155K

Financial Aid Official Website

www.wadecollege.edu/financial-services/

As many as 93% of the students at WC get some sort of financial aid, and the total amount of assistance/loans provided is more than $963,755 in a year. Notably, a total of 71% of the applicants to Wade College receive the Federal Grant every year. In comparison, 71% of the students get the Student Grant, and 71% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,056. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Wade College, the percentage of candidates who opt to avail of student loans is around 71%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

91%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

91%

Average Aid Awarded

Federal Grant Aid

$5,007

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,007

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,072

$30,001 - $48,000

$5,345

$48,001 - $75,000

$3,870

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Wade College

Average Loan Amount Average Loan Amount received per year.

$7,249/Year

Students Taking Out Loans

100%

Loan Default Rate

18.9%

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