$4,515

Avg. Federal Grant

$4,619

Avg. Federal Loan

$8,948,039

Total Aid Awarded

Weatherford College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$8.948M

Financial Aid Official Website

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

Students can avail of scholarships provided by the college, such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 72% of students at WC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,423,973. Notably, a total of 40% of the applicants to Weatherford College receive the Federal Grant every year. Meanwhile, 70% of the applicants receive the Student Grant and 16% are awarded the Institution Grant, while 38% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,675, and the same stands at $1,988 for State Grant awardees and $3,793 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,793. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. At WC, an estimated number of 19% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

41%

State Grant Aid

12%

Institution Grant Aid

15%

Pell Grant

37%

Average Aid Awarded

Federal Grant Aid

$4,515

State Grant Aid

$2,122

Institution Grant Aid

$3,798

Pell Grant

$4,847

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,175

$30,001 - $48,000

$5,767

$48,001 - $75,000

$3,835

$75,001 - $110,000

$1,746

Over $110,000

N/A

Student Loans for Weatherford College

Average Loan Amount Average Loan Amount received per year.

$4,619/Year

Students Taking Out Loans

22%

Loan Default Rate

4.5%

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