$4,772

Avg. Federal Grant

$7,089

Avg. Federal Loan

$15,072,598

Total Aid Awarded

West Los Angeles College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

60%

Total Aid Amount Average Total Aid Awarded per year.

$15.073M

Financial Aid Official Website

www.wlac.edu/Financial-Aid/index.aspx

Such schemes include AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. It is interesting to note that, every year, around 67% of students at WLAC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,291,542. More information regarding the financial assistance schemes can be accessed on WLAC’s official financial aid page at http://www.wlac.edu/Financial-Aid/index.aspx. At WLAC, the total percentage of applicants who receive the Federal Grant stands at 41%. Meanwhile, 67% of the applicants receive the Student Grant, while 41% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,780. 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. 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 2% of the applicants to West Los Angeles College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

42%

State Grant Aid

70%

Institution Grant Aid

N/A

Pell Grant

42%

Average Aid Awarded

Federal Grant Aid

$4,772

State Grant Aid

$1,729

Institution Grant Aid

N/A

Pell Grant

$4,650

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,366

$30,001 - $48,000

$6,632

$48,001 - $75,000

$4,551

$75,001 - $110,000

$23

Over $110,000

N/A

Student Loans for West Los Angeles College

Average Loan Amount Average Loan Amount received per year.

$7,089/Year

Students Taking Out Loans

1%

Loan Default Rate

8.7%

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