OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Wentworth Institute of Technology (WIT) Financial Aid and Scholarships 2022

Wentworth Institute of Technology is a private university located in Boston, Massachusetts. Wentworth Institute of Technology is home to an ethnically diverse student body. At WIT around 62% are white, 8% are Asian, and 8% belong to Hispanic ethnicity. Further, around 90% of the students are 24 and under. When it comes to gender distribution at the varsity, around 22% of the students are females and 78% are males. Stephen Lynch, John A. Volpe, Luther Blount, and Joe Lauzon are some of the wel

Wentworth Institute of Technology (WIT) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$52.144M

Financial Aid Official Website

https://wit.edu/admissions-aid/tuition-financial-aid

Among them are scholarship programs such as Arioch Scholarship, Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, and Heriberto Flores Scholarship. It is interesting to note that almost every student at WIT receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $16,954,731. The total percentage of candidates applying to Wentworth Institute of Technology who receive the Federal Grant is 27%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 27% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,913, and the same stands at $1,672 for State Grant awardees and $13,750 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,533. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At WIT, an estimated number of 75% of the applicants choose to go for student loans.

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