$4,709

Avg. Federal Grant

$5,669

Avg. Federal Loan

$19,237,728

Total Aid Awarded

Waynesburg University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$19.238M

Financial Aid Official Website

https://www.waynesburg.edu/financial-aid

Students can avail of scholarships provided by the university, such as A.B. Miller Scholarship, Bonner Scholarship, Carnegie Dartlet $10,000 Scholarship, and Community Service Scholarship for Multicultural Students, if they find educational expenses to be on the higher side. Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,483,467. One can visit WU's financial aid page at https://www.waynesburg.edu/financial-aid for more information. The total percentage of candidates applying to Waynesburg University who receive the Federal Grant is 41%. Meanwhile, 100% of the applicants receive the Student Grant and 96% are awarded the Institution Grant, while 40% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,417, and the same stands at $2,986 for State Grant awardees and $12,628 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,332. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $18,421 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $17,989, while those falling in the $48,001-$75,000 income category get $14,657 a year. On the other hand, the average federal aid stands at $13,376 for those with an annual family income between $75,001 and $110,000, and at $10,744 for an income more than $110,000. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Waynesburg University, the percentage of candidates who opt to avail of student loans is around 90%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

40%

State Grant Aid

47%

Institution Grant Aid

100%

Pell Grant

39%

Average Aid Awarded

Federal Grant Aid

$4,709

State Grant Aid

$3,662

Institution Grant Aid

$12,051

Pell Grant

$4,528

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$19,606

$30,001 - $48,000

$18,909

$48,001 - $75,000

$16,852

$75,001 - $110,000

$12,506

Over $110,000

$12,915

Student Loans for Waynesburg University

Average Loan Amount Average Loan Amount received per year.

$8,041/Year

Students Taking Out Loans

82%

Loan Default Rate

4.4%

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