$7,031

Avg. Federal Grant

$5,054

Avg. Federal Loan

$137,183,984

Total Aid Awarded

Washington University in St. Louis Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

47%

Total Aid Amount Average Total Aid Awarded per year.

$137.184M

Financial Aid Official Website

sfs.wustl.edu

As many as 51% of the students at WUSL get some sort of financial aid, and the total amount of assistance/loans provided is more than $7,775,252 in a year. More information regarding the financial assistance schemes can be accessed on WUSL’s official financial aid page at http://sfs.wustl.edu. The total percentage of candidates applying to Washington University in St Louis who receive the Federal Grant is 15%. Meanwhile, 43% of the applicants receive the Student Grant and 41% are awarded the Institution Grant, while 14% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $7,215, and the same stands at $3,162 for State Grant awardees and $45,995 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,492. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $64,038 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $63,174, while those falling in the $48,001-$75,000 income category get $60,226 a year. Those with an annual income level of $75,001-$110,000 would receive $48,089, while candidates with more than $110,000 of family income receive an average federal aid of $24,732. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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. Every year, around 16% of the applicants to Washington University in St Louis opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

13%

State Grant Aid

8%

Institution Grant Aid

42%

Pell Grant

13%

Average Aid Awarded

Federal Grant Aid

$7,031

State Grant Aid

$3,160

Institution Grant Aid

$42,801

Pell Grant

$4,641

When it comes to the different types of grants, very few of the students receive the state grants about just 8% of them. The average amount of state grants amounts to $3,160. The institutional- grants cater to 42% students with an amount of $42,801 on an average.

The federal grants allow up to an amount of $7,031 and $4,641 respectively to 13% of candidates.

19% of students opt for a student loan and the default rate is at 1.5%. You can get an average sum of $5,835 as a student loan as per the past records. 47% candidates also receive the federal loan of $5,054 on an average.

WUSTL directs their financial aid (which sums up to a total amount of $137,183,984) towards their prospective and existing students who have applied for financial aid.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$66,251

$30,001 - $48,000

$65,781

$48,001 - $75,000

$59,886

$75,001 - $110,000

$48,169

Over $110,000

$27,610

We also present the financial aid amount to you on the basis of your family income range. You may also visit the official website for a better understanding.

  • If your family income range falls somewhere under $30,000 you can access financial aid up to a value of $66,251.

  • In case you are between the range of $30,001 and $48,000 the amount up to which you may get financial aid is approximately $65,781.

  • For a family income bracket of $48,001 to $75,000 you can get an aid of $59,886.

  • Furthermore, if your income lies between $75,001 and $110,000 your financial aid goes down to $48,169.

  • On the contrary, family income ranging above $110,000 will fetch you an amount of financial aid of about $27,610.

Student Loans for Washington University in St. Louis

Average Loan Amount Average Loan Amount received per year.

$5,835/Year

Students Taking Out Loans

19%

Loan Default Rate

1.5%

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