$4,961

Avg. Federal Grant

$6,052

Avg. Federal Loan

$31,360,239

Total Aid Awarded

Westminster College (PA) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

98%

Total Aid Amount Average Total Aid Awarded per year.

$31.360M

Financial Aid Official Website

www.westminster.edu/admissions/financial-aid/index.cfm

Among them are scholarship programs such as T.H. Bell Teaching Incentive Loan. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,934,463. At WC, the total percentage of applicants who receive the Federal Grant stands at 40%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 40% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,128, while the same comes to $2,885 for State Grant receivers and $24,916 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,664. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. At WC, an estimated number of 85% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

37%

State Grant Aid

42%

Institution Grant Aid

100%

Pell Grant

37%

Average Aid Awarded

Federal Grant Aid

$4,961

State Grant Aid

$3,186

Institution Grant Aid

$23,763

Pell Grant

$4,676

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$32,004

$30,001 - $48,000

$30,745

$48,001 - $75,000

$28,582

$75,001 - $110,000

$25,833

Over $110,000

$23,295

Student Loans for Westminster College (PA)

Average Loan Amount Average Loan Amount received per year.

$8,875/Year

Students Taking Out Loans

83%

Loan Default Rate

4.7%

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