Wichita State University Financial Aid and Scholarships
Students Receiving Aid
64%
Total Aid Amount
$36.341M
Financial Aid Official Website
www.wichita.edu/thisis/home/?u=finaid_home
Students can avail of scholarships provided by the university, such as Albert M. Lappin Scholarship, Community College Transfer Scholarship, Hansen Leaders of Tomorrow, and Hansen Scholar Award, if they find educational expenses to be on the higher side. As many as 89% of the students at WSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $41,993,069 in a year. Notably, a total of 37% of the applicants to Wichita State University receive the Federal Grant every year. Meanwhile, 80% of the applicants receive the Student Grant and 69% are awarded the Institution Grant, while 36% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,461, and the same stands at $1,244 for State Grant awardees and $4,490 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,212. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. At Wichita State University, the percentage of candidates who opt to avail of student loans is around 52%.
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