$4,792

Avg. Federal Grant

$6,153

Avg. Federal Loan

$53,295,642

Total Aid Awarded

Western Illinois University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

81%

Total Aid Amount Average Total Aid Awarded per year.

$53.296M

Financial Aid Official Website

www.wiu.edu/student_services/financial_aid/

As many as 88% of the students at WIU get some sort of financial aid, and the total amount of assistance/loans provided is more than $34,030,021 in a year. At WIU, the total percentage of applicants who receive the Federal Grant stands at 53%. In comparison, 83% of the students are awarded the Student Grant, 53% get the Institution Grant, and 53% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,184, while the same comes to $4,663 for State Grant receivers and $5,715 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,786. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. At Western Illinois University, the percentage of candidates who opt to avail of student loans is around 69%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

62%

State Grant Aid

61%

Institution Grant Aid

59%

Pell Grant

62%

Average Aid Awarded

Federal Grant Aid

$4,792

State Grant Aid

$4,419

Institution Grant Aid

$5,013

Pell Grant

$4,649

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$11,888

$30,001 - $48,000

$11,722

$48,001 - $75,000

$8,740

$75,001 - $110,000

$5,408

Over $110,000

$3,709

Student Loans for Western Illinois University

Average Loan Amount Average Loan Amount received per year.

$7,077/Year

Students Taking Out Loans

76%

Loan Default Rate

9.5%

Other Colleges In Illinois

There is a private university in Chicago, Illinois called University of Chicago. Interestingly, University of Chicago has an ethnically diverse student population. At UC around 37% are white, 19% are Asian, and 15% are Non-resident alien. And, at the university, around 100% of the students are 24

Chicago, Illinois 4 years Private Not-For-Profit

#N/A

Chicago, Illinois 4 years Private Not-For-Profit

There is a private university in Lake Forest, IL called Lake Forest College. The university covers an area of 107 acres. The foundation of Lake Forest College was laid down in the year 1857. The motto of the Lake Forest College is Et veritas liberabit vos (Latin) and its official colors are red

Lake Forest, Illinois 4 years Private Not-For-Profit

Other Public Colleges

#N/A

Stockton, California 2 years Public

#N/A

West Chester, Pennsylvania 4 years Public