$5,185

Avg. Federal Grant

$6,114

Avg. Federal Loan

$10,521,180

Total Aid Awarded

Wiley College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

82%

Total Aid Amount Average Total Aid Awarded per year.

$10.521M

Financial Aid Official Website

www.wileyc.edu/UnitofFinancialAid

Among them are scholarship programs such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. It is interesting to note that almost every student at WC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $4,926,300. The total percentage of candidates applying to Wiley College who receive the Federal Grant is 99%. Meanwhile, 99% of the applicants receive the Student Grant and 37% are awarded the Institution Grant, while 99% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,229, while the same comes to $3,351 for State Grant receivers and $8,319 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,076. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. 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 85% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

84%

State Grant Aid

38%

Institution Grant Aid

34%

Pell Grant

84%

Average Aid Awarded

Federal Grant Aid

$5,185

State Grant Aid

$4,108

Institution Grant Aid

$9,475

Pell Grant

$4,873

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,421

$30,001 - $48,000

$4,496

$48,001 - $75,000

$1,310

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Wiley College

Average Loan Amount Average Loan Amount received per year.

$6,189/Year

Students Taking Out Loans

83%

Loan Default Rate

22.3%

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