$4,300

Avg. Federal Grant

$5,489

Avg. Federal Loan

$32,085,196

Total Aid Awarded

Westmont College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

95%

Total Aid Amount Average Total Aid Awarded per year.

$32.085M

Financial Aid Official Website

www.westmont.edu/_offices/financial_aid/

Among them are scholarship programs such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. It is interesting to note that, every year, around 99% of students at WC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,320,641. At WC, the total percentage of applicants who receive the Federal Grant stands at 17%. Meanwhile, 99% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 17% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,270, and the same stands at $7,477 for State Grant awardees and $27,586 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,469. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At WC, an estimated number of 53% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

19%

State Grant Aid

20%

Institution Grant Aid

100%

Pell Grant

19%

Average Aid Awarded

Federal Grant Aid

$4,300

State Grant Aid

$8,617

Institution Grant Aid

$26,402

Pell Grant

$3,978

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$38,847

$30,001 - $48,000

$35,144

$48,001 - $75,000

$34,395

$75,001 - $110,000

$32,239

Over $110,000

$25,139

Student Loans for Westmont College

Average Loan Amount Average Loan Amount received per year.

$8,163/Year

Students Taking Out Loans

63%

Loan Default Rate

1.7%

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