$4,696

Avg. Federal Grant

$5,407

Avg. Federal Loan

$45,033,012

Total Aid Awarded

Wilkes University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

84%

Total Aid Amount Average Total Aid Awarded per year.

$45.033M

Financial Aid Official Website

www.wilkes.edu/admissions/financial-aid/index.aspx

There are many ways to pay for college. Federal aid, loans, grants, scholarships and student jobs can make college more affordable and accessible to students. Students can reduce tuition and other costs with assistantships and fellowships, as well as grants outside Wilkes University Wilkes-Barre, Pennsylvania.The total financial aid provided is $45,033,012.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

32%

State Grant Aid

42%

Institution Grant Aid

93%

Pell Grant

32%

Average Aid Awarded

Federal Grant Aid

$4,696

State Grant Aid

$3,524

Institution Grant Aid

$20,188

Pell Grant

$4,407

Wilkes University offers various types of financial aids, average federal, different students receive student aid in a different form depending upon the eligibility criteria and the need of the student. The percentage of a student receiving various types of aid and the average amount received is as follows:

We see that the students are receiving aid in the form of Institutional grant is maximum which contributes to an average amount of $20,188 and this amount is received by 93% of the students.

Pell Grants are received by32% but the average amount received in the form of pell grants is $4,407. Whereas Federal Grants' average aid amount received by the student is $4,696 and 32% of the student is receiving this benefit.

University also provides Institutional grants to the students which are received by all the students that are 93% and the average aid amount received is $20,188.

State also provides assistance to the students in the form of state grants with an average amount granted is $3,524 and are benefitted to about 42% of the students.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$27,389

$30,001 - $48,000

$27,865

$48,001 - $75,000

$25,945

$75,001 - $110,000

$22,108

Over $110,000

$20,945

As per the data from the Wilkes University’s financial aid office, lower the family income higher is the amount of financial aid one can expect to receive. For those students who have a family income under $30,000 can expect to receive an aid amount of $27,389 while those with family income over $110,000 can expect to receive an aid amount of $20,945. This ensures that bulk of the money is flowing towards those who need it the most. Here is a breakdown of the same:

Student Loans for Wilkes University

Average Loan Amount Average Loan Amount received per year.

$10,615/Year

Students Taking Out Loans

76%

Loan Default Rate

5.7%

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