$4,987

Avg. Federal Grant

$4,224

Avg. Federal Loan

$2,993,433

Total Aid Awarded

Western Texas College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

24%

Total Aid Amount Average Total Aid Awarded per year.

$2.993M

Financial Aid Official Website

www.wtc.edu/students/applying/financialaid.html

Students can avail of scholarships provided by the college, such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 47% of students at WTC receive some kind of financial aid, while the total amount of assistance/loans provided is $281,522. The total percentage of candidates applying to Western Texas College who receive the Federal Grant is 20%. In comparison, 44% of the students are awarded the Student Grant, 28% get the Institution Grant, and 17% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,444, while the same comes to $2,047 for State Grant receivers and $3,325 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,495. 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. 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 7% of the applicants to Western Texas College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

44%

State Grant Aid

23%

Institution Grant Aid

56%

Pell Grant

44%

Average Aid Awarded

Federal Grant Aid

$4,987

State Grant Aid

$2,108

Institution Grant Aid

$3,944

Pell Grant

$4,702

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,822

$30,001 - $48,000

$6,710

$48,001 - $75,000

$3,136

$75,001 - $110,000

$4,120

Over $110,000

N/A

Student Loans for Western Texas College

Average Loan Amount Average Loan Amount received per year.

$4,224/Year

Students Taking Out Loans

14%

Loan Default Rate

9.4%