$4,520

Avg. Federal Grant

$5,192

Avg. Federal Loan

$10,956,174

Total Aid Awarded

Warren Wilson College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

94%

Total Aid Amount Average Total Aid Awarded per year.

$10.956M

Financial Aid Official Website

https://my.warren-wilson.edu/ICS/Billing_and_Aid/Financial_Aid/

Such schemes include Bonner Scholar, Honor Scholarship, National Merit Scholarship, and North Carolina Student Incentive Grant. Notably, 97% of the students at Warren Wilson College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,427,424. More information regarding the financial assistance schemes can be accessed on WWC’s official financial aid page at https://my.warren-wilson.edu/ICS/Billing_and_Aid/Financial_Aid/. The total percentage of candidates applying to Warren Wilson College who receive the Federal Grant is 46%. Meanwhile, 97% of the applicants receive the Student Grant and 97% are awarded the Institution Grant, while 46% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,171, the State Grant receivers and Institution Grant beneficiaries get $4,698 and $22,253, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,706. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $31,511 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $28,277 and $22,608, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $20,109. And, for those with a family income of more than $110,000, the amount stands at $16,860. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 63% of the applicants to Warren Wilson College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

38%

State Grant Aid

15%

Institution Grant Aid

99%

Pell Grant

38%

Average Aid Awarded

Federal Grant Aid

$4,520

State Grant Aid

$5,284

Institution Grant Aid

$19,491

Pell Grant

$4,100

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$27,251

$30,001 - $48,000

$29,801

$48,001 - $75,000

$24,697

$75,001 - $110,000

$23,574

Over $110,000

$16,041

Student Loans for Warren Wilson College

Average Loan Amount Average Loan Amount received per year.

$6,119/Year

Students Taking Out Loans

65%

Loan Default Rate

4.5%

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