$4,968

Avg. Federal Grant

$5,474

Avg. Federal Loan

$14,315,988

Total Aid Awarded

Western Connecticut State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

52%

Total Aid Amount Average Total Aid Awarded per year.

$14.316M

Financial Aid Official Website

www.wcsu.edu/finaid/

Students can avail of scholarships provided by the university, such as ATMI Scholarship - Ancell School of Business, Alumni Association Graduate Scholarship, American Association of University Women Scholarship, and Anapurna Kanungo Biology Award, if they find educational expenses to be on the higher side. Notably, 85% of the students at Western Connecticut State University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $23,438,307. One can visit WCSU's financial aid page at http://www.wcsu.edu/finaid/ for more information. At WCSU, the total percentage of applicants who receive the Federal Grant stands at 35%. Meanwhile, 76% of the applicants receive the Student Grant and 61% are awarded the Institution Grant, while 35% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,860, while the same comes to $2,940 for State Grant receivers and $3,356 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,401. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 62% of the applicants to Western Connecticut State University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

35%

State Grant Aid

53%

Institution Grant Aid

2%

Pell Grant

35%

Average Aid Awarded

Federal Grant Aid

$4,968

State Grant Aid

$3,615

Institution Grant Aid

$10,418

Pell Grant

$4,627

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,758

$30,001 - $48,000

$7,052

$48,001 - $75,000

$6,306

$75,001 - $110,000

$4,052

Over $110,000

$3,698

Student Loans for Western Connecticut State University

Average Loan Amount Average Loan Amount received per year.

$6,790/Year

Students Taking Out Loans

67%

Loan Default Rate

7.3%

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