$5,390

Avg. Federal Grant

$5,088

Avg. Federal Loan

$34,560,153

Total Aid Awarded

Washington College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

90%

Total Aid Amount Average Total Aid Awarded per year.

$34.560M

Financial Aid Official Website

https://www.washcoll.edu/offices/student-financial-aid/index.php

Students can avail of scholarships provided by the college, such as Carnegie Dartlet $10,000 Scholarship, Christa McAuliffe Scholarship, Community Service Scholarship for Multicultural Students, and Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program, if they find educational expenses to be on the higher side. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,259,243. Notably, a total of 28% of the applicants to Washington College receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 28% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,375, and the same stands at $6,267 for State Grant awardees and $30,408 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,890. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At WC, an estimated number of 70% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

26%

State Grant Aid

15%

Institution Grant Aid

96%

Pell Grant

26%

Average Aid Awarded

Federal Grant Aid

$5,390

State Grant Aid

$6,638

Institution Grant Aid

$27,564

Pell Grant

$4,723

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$46,756

$30,001 - $48,000

$39,352

$48,001 - $75,000

$35,528

$75,001 - $110,000

$30,416

Over $110,000

$24,057

Student Loans for Washington College

Average Loan Amount Average Loan Amount received per year.

$6,524/Year

Students Taking Out Loans

72%

Loan Default Rate

4%

Other Colleges In Maryland

A private university by the name of Johns Hopkins University is located in Baltimore, MD. Johns Hopkins University was founded in the year 1876. The motto of the Johns Hopkins University is Veritas vos liberabit (Latin) and its official colors are hopkins blue, white, black, ;, sable and gold (acade

Baltimore, Maryland 4 years Private Not-For-Profit

Montgomery College is a public university located in Rockville, Maryland. At Montgomery College, the total enrolment stands at 21,260. The school has an academic staff of 1250 who teach various courses to the students. Around 70% of the students are 24 and under at Montgomery College. Shedding so

Rockville, Maryland 2 years Public

#N/A

Baltimore, Maryland 4 years Public

Other Private not-for-profit Colleges

#N/A

Toccoa Falls, Georgia 4 years Private Not-For-Profit

#N/A

Los Alamitos, California 4 years Private Not-For-Profit

#N/A

New York, New York 4 years Private Not-For-Profit