$5,023

Avg. Federal Grant

$8,558

Avg. Federal Loan

$2,024,752

Total Aid Awarded

WellSpring School of Allied Health Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

88%

Total Aid Amount Average Total Aid Awarded per year.

$2.025M

Financial Aid Official Website

www.wellspring.edu/resources/financial-assistance/

It is interesting to note that almost every student at WSAHKC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $918,336. The total percentage of candidates applying to WellSpring School of Allied Health-Kansas City who receive the Federal Grant is 80%. Meanwhile, 90% of the applicants receive the Student Grant and 74% are awarded the Institution Grant, while 80% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,749, and the same stands at $9,333 for State Grant awardees and $2,101 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $2,820. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At WSAHKC, an estimated number of 90% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

80%

State Grant Aid

13%

Institution Grant Aid

62%

Pell Grant

80%

Average Aid Awarded

Federal Grant Aid

$5,023

State Grant Aid

$9,583

Institution Grant Aid

$1,913

Pell Grant

$5,023

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,959

$30,001 - $48,000

$5,137

$48,001 - $75,000

$2,738

$75,001 - $110,000

$2,000

Over $110,000

N/A

Student Loans for WellSpring School of Allied Health

Average Loan Amount Average Loan Amount received per year.

$10,541/Year

Students Taking Out Loans

95%

Loan Default Rate

6.9%

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