Washington University in St. Louis Financial Aid and Scholarships
Students Receiving Aid
47%
Total Aid Amount
$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.
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