$5,333

Avg. Federal Grant

$6,271

Avg. Federal Loan

$46,892,968

Total Aid Awarded

Whittier College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

93%

Total Aid Amount Average Total Aid Awarded per year.

$46.893M

Financial Aid Official Website

www.whittier.edu/financialaid

Such schemes include AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. As many as 98% of the students at WC get some sort of financial aid, and the total amount of assistance/loans provided is more than $7,980,337 in a year. At WC, the total percentage of applicants who receive the Federal Grant stands at 38%. Meanwhile, 98% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 38% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,637, the State Grant receivers and Institution Grant beneficiaries get $8,394 and $27,163, respectively. And, for the Pell Grant awardees, the average aid amount is $4,916. 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. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At WC, an estimated number of 70% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

40%

State Grant Aid

37%

Institution Grant Aid

96%

Pell Grant

40%

Average Aid Awarded

Federal Grant Aid

$5,333

State Grant Aid

$7,967

Institution Grant Aid

$25,548

Pell Grant

$4,605

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$36,968

$30,001 - $48,000

$35,641

$48,001 - $75,000

$33,928

$75,001 - $110,000

$29,451

Over $110,000

$25,437

Student Loans for Whittier College

Average Loan Amount Average Loan Amount received per year.

$8,246/Year

Students Taking Out Loans

71%

Loan Default Rate

2.4%

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