Wesleyan University Financial Aid and Scholarships
Students Receiving Aid
43%
Total Aid Amount
$60.835M
Financial Aid Official Website
www.wesleyan.edu/finaid
Among them are scholarship programs such as Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Marie L. Rose Scholarship, and NEEBC Scholarship Award. Notably, 47% of the students at Wesleyan University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,430,618. For additional information about financial assistance schemes, one can head over to WU’s financial aid page at http://www.wesleyan.edu/finaid. The total percentage of candidates applying to Wesleyan University who receive the Federal Grant is 18%. On the other hand, 41% of the candidates get the Student Grant, 41% receive the Institution Grant, and 18% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,751, the State Grant receivers and Institution Grant beneficiaries get $2,930 and $48,976, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,782. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $60,019 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $59,737, while those falling in the $48,001-$75,000 income category get $53,216 a year. On the other hand, the average federal aid stands at $43,963 for those with an annual family income between $75,001 and $110,000, and at $20,079 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 23% of the applicants to Wesleyan University opt for student loans.
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