$5,000

Avg. Federal Grant

$5,915

Avg. Federal Loan

$73,511,787

Total Aid Awarded

Widener University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

84%

Total Aid Amount Average Total Aid Awarded per year.

$73.512M

Financial Aid Official Website

www.widener.edu/about/widener_leadership/administrative/enrollment/financial/default.aspx

Among them are scholarship programs such as Carnegie Dartlet $10,000 Scholarship, Community Service Scholarship for Multicultural Students, Joseph P. Gavenonis Scholarship, and Ohio College Opportunity Grant. Interestingly, almost all of the students at WU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $15,295,445 in a year. The total percentage of candidates applying to Widener University who receive the Federal Grant is 20%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 20% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,955, the State Grant receivers and Institution Grant beneficiaries get $3,231 and $28,311, respectively. And, for the Pell Grant awardees, the average aid amount is $4,569. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At WU, an estimated number of 79% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

25%

State Grant Aid

23%

Institution Grant Aid

96%

Pell Grant

25%

Average Aid Awarded

Federal Grant Aid

$5,000

State Grant Aid

$3,452

Institution Grant Aid

$26,469

Pell Grant

$4,242

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$30,904

$30,001 - $48,000

$29,219

$48,001 - $75,000

$29,964

$75,001 - $110,000

$28,775

Over $110,000

$26,164

Student Loans for Widener University

Average Loan Amount Average Loan Amount received per year.

$12,295/Year

Students Taking Out Loans

82%

Loan Default Rate

4%

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