$5,022

Avg. Federal Grant

$5,273

Avg. Federal Loan

$28,868,626

Total Aid Awarded

Whitman College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

76%

Total Aid Amount Average Total Aid Awarded per year.

$28.869M

Financial Aid Official Website

www.whitman.edu/admission-and-aid/financial-aid-and-costs

It is interesting to note that, every year, around 88% of students at WC receive some kind of financial aid, while the total amount of assistance/loans provided is $3,453,735. At WC, the total percentage of applicants who receive the Federal Grant stands at 11%. Meanwhile, 86% of the applicants receive the Student Grant and 86% are awarded the Institution Grant, while 11% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,527, while the same comes to $8,705 for State Grant receivers and $25,282 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,600. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Whitman College, the percentage of candidates who opt to avail of student loans is around 50%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

13%

State Grant Aid

2%

Institution Grant Aid

81%

Pell Grant

13%

Average Aid Awarded

Federal Grant Aid

$5,022

State Grant Aid

$8,279

Institution Grant Aid

$25,383

Pell Grant

$3,865

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$50,885

$30,001 - $48,000

$45,830

$48,001 - $75,000

$41,806

$75,001 - $110,000

$36,100

Over $110,000

$21,225

Student Loans for Whitman College

Average Loan Amount Average Loan Amount received per year.

$6,365/Year

Students Taking Out Loans

43%

Loan Default Rate

0.4%

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