$4,967

Avg. Federal Grant

$5,657

Avg. Federal Loan

$43,189

Total Aid Awarded

Wave Leadership College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

13%

Total Aid Amount Average Total Aid Awarded per year.

$43.189K

Financial Aid Official Website

wavecollege.edu/financial/

It is interesting to note that almost every student at WLC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $200,683. At WLC, the total percentage of applicants who receive the Federal Grant stands at 45%. On the other hand, 45% of the candidates get the Student Grant, 18% receive the Institution Grant, and 45% get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $2,935. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 82% of the applicants to Wave Leadership College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

64%

State Grant Aid

N/A

Institution Grant Aid

9%

Pell Grant

64%

Average Aid Awarded

Federal Grant Aid

$4,967

State Grant Aid

N/A

Institution Grant Aid

$2,500

Pell Grant

$4,967

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,919

$30,001 - $48,000

$5,920

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Wave Leadership College

Average Loan Amount Average Loan Amount received per year.

$5,657/Year

Students Taking Out Loans

64%

Loan Default Rate

N/A

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