$4,812

Avg. Federal Grant

$5,618

Avg. Federal Loan

$9,193,238

Total Aid Awarded

Webber International University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

96%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

54%

State Grant Aid

80%

Institution Grant Aid

98%

Pell Grant

54%

Average Aid Awarded

Federal Grant Aid

$4,812

State Grant Aid

$4,444

Institution Grant Aid

$9,622

Pell Grant

$4,535

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$19,160

$30,001 - $48,000

$16,985

$48,001 - $75,000

$16,040

$75,001 - $110,000

$12,538

Over $110,000

$12,595

Student Loans for Webber International University

Average Loan Amount Average Loan Amount received per year.

$6,345/Year

Students Taking Out Loans

76%

Loan Default Rate

8.3%

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