$4,626

Avg. Federal Grant

$5,229

Avg. Federal Loan

$164,137,620

Total Aid Awarded

Washington State University (WSU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$164.138M

Financial Aid Official Website

finaid.wsu.edu

It is interesting to note that, every year, around 89% of students at WSU receive some kind of financial aid, while the total amount of assistance/loans provided is $69,333,355. More information regarding the financial assistance schemes can be accessed on WSU’s official financial aid page at http://finaid.wsu.edu. At WSU, the total percentage of applicants who receive the Federal Grant stands at 30%. In comparison, 83% of the students are awarded the Student Grant, 74% get the Institution Grant, and 28% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,651, the State Grant receivers and Institution Grant beneficiaries get $9,100 and $5,553, respectively. And, for the Pell Grant awardees, the average aid amount is $4,690. 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 WSU, an estimated number of 45% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

31%

State Grant Aid

24%

Institution Grant Aid

72%

Pell Grant

30%

Average Aid Awarded

Federal Grant Aid

$4,626

State Grant Aid

$9,406

Institution Grant Aid

$5,333

Pell Grant

$4,587

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$16,267

$30,001 - $48,000

$14,709

$48,001 - $75,000

$10,090

$75,001 - $110,000

$3,285

Over $110,000

$1,666

Student Loans for Washington State University (WSU)

Average Loan Amount Average Loan Amount received per year.

$6,724/Year

Students Taking Out Loans

44%

Loan Default Rate

4.1%

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