$5,127

Avg. Federal Grant

$5,213

Avg. Federal Loan

$20,200,074

Total Aid Awarded

Washburn University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

59%

Total Aid Amount Average Total Aid Awarded per year.

$20.200M

Financial Aid Official Website

www.washburn.edu/admissions/paying-for-college/financial-aid/index.html

Students can avail of scholarships provided by the university, such as Albert M. Lappin Scholarship, Hansen Leaders of Tomorrow, Hansen Scholar Award, and Hansen Student Scholarship, if they find educational expenses to be on the higher side. As many as 92% of the students at WU get some sort of financial aid, and the total amount of assistance/loans provided is more than $16,220,919 in a year. At WU, the total percentage of applicants who receive the Federal Grant stands at 40%. Meanwhile, 82% of the applicants receive the Student Grant and 63% are awarded the Institution Grant, while 40% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,016, the State Grant receivers and Institution Grant beneficiaries get $1,187 and $5,351, respectively. And, for the Pell Grant awardees, the average aid amount is $4,847. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Washburn University, the percentage of candidates who opt to avail of student loans is around 55%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

37%

State Grant Aid

19%

Institution Grant Aid

67%

Pell Grant

37%

Average Aid Awarded

Federal Grant Aid

$5,127

State Grant Aid

$1,447

Institution Grant Aid

$5,156

Pell Grant

$4,836

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,429

$30,001 - $48,000

$7,376

$48,001 - $75,000

$4,523

$75,001 - $110,000

$2,683

Over $110,000

$2,926

Student Loans for Washburn University

Average Loan Amount Average Loan Amount received per year.

$5,729/Year

Students Taking Out Loans

57%

Loan Default Rate

N/A

Other Public Colleges

University of Maryland (UMD)
University of Maryland (UMD)

College Park, Maryland

Cerritos College
Cerritos College

Norwalk, California