Webber International University Financial Aid and Scholarships
Students Receiving Aid
96%
Total Aid Amount
$9.193M
Financial Aid Official Website
https://webber.edu/admissions/financial-aid/
Among them are scholarship programs such as Athletic Scholarships, Babson Award, FFGC Scholarship for High School Students, and Family Ties Incentive. As many as 99% of the students at WIU get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,669,938 in a year. One can visit WIU's financial aid page at https://webber.edu/admissions/financial-aid/ for more information. At WIU, the total percentage of applicants who receive the Federal Grant stands at 54%. In comparison, 99% of the students are awarded the Student Grant, 98% get the Institution Grant, and 54% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,887, the State Grant receivers and Institution Grant beneficiaries get $4,548 and $9,564, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,797. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $19,328 per year. The average aid amount stands at $17,884 for an annual family income between $30,001 and $48,000. This amount comes to $14,681 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $10,270. And, for those with a family income of more than $110,000, the amount stands at $12,343. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 73% of the applicants to Webber International University opt for student loans.
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