$5,202

Avg. Federal Grant

N/A

Avg. Federal Loan

$2,680,015

Total Aid Awarded

Wayne Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

41%

Total Aid Amount Average Total Aid Awarded per year.

$2.680M

Financial Aid Official Website

www.waynecc.edu/financial-aid/

Among them are scholarship programs such as North Carolina Student Incentive Grant and Triangle Scholarship Program. As many as 63% of the students at WCC receive some kind of financial aid, shows the latest data. One can visit WCC's financial aid page at http://www.waynecc.edu/financial-aid/ for more information. Notably, a total of 54% of the applicants to Wayne Community College receive the Federal Grant every year. Meanwhile, 63% of the applicants receive the Student Grant and 3% are awarded the Institution Grant, while 54% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,809, and the same stands at $1,280 for State Grant awardees and $550 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $3,911. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

55%

State Grant Aid

30%

Institution Grant Aid

18%

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

$5,202

State Grant Aid

$1,974

Institution Grant Aid

$698

Pell Grant

$4,894

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,402

$30,001 - $48,000

$3,306

$48,001 - $75,000

$3,254

$75,001 - $110,000

$1,808

Over $110,000

N/A

Student Loans for Wayne Community College

Average Loan Amount Average Loan Amount received per year.

$12,143/Year

Students Taking Out Loans

2%

Loan Default Rate

19.6%

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