$4,800

Avg. Federal Grant

$5,633

Avg. Federal Loan

$40,847,298

Total Aid Awarded

Washington & Jefferson College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

99%

Total Aid Amount Average Total Aid Awarded per year.

$40.847M

Financial Aid Official Website

www.washjeff.edu/financial-aid

Such schemes include Alumni Scholarship, Dean's Award, Howard J. Burnett Presidential Scholarship, and Joseph Hardy, Sr. Scholarship Program. 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 $7,801,031. At WJC, the total percentage of applicants who receive the Federal Grant stands at 34%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 34% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,113, the State Grant receivers and Institution Grant beneficiaries get $3,530 and $32,165, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,508. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. Candidates are also required to repay these loans within a given period. At WJC, an estimated number of 94% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

31%

State Grant Aid

39%

Institution Grant Aid

99%

Pell Grant

31%

Average Aid Awarded

Federal Grant Aid

$4,800

State Grant Aid

$3,504

Institution Grant Aid

$27,903

Pell Grant

$4,243

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$37,159

$30,001 - $48,000

$36,103

$48,001 - $75,000

$35,599

$75,001 - $110,000

$31,031

Over $110,000

$25,437

Student Loans for Washington & Jefferson College

Average Loan Amount Average Loan Amount received per year.

$9,008/Year

Students Taking Out Loans

92%

Loan Default Rate

1.1%

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