$4,583

Avg. Federal Grant

$5,218

Avg. Federal Loan

$12,468,612

Total Aid Awarded

William Woods University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

86%

Total Aid Amount Average Total Aid Awarded per year.

$12.469M

Financial Aid Official Website

www.williamwoods.edu/admissions/undergraduate/financial_services/index.html

As many as 99% of the students at WWU get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,422,762 in a year. More information regarding the financial assistance schemes can be accessed on WWU’s official financial aid page at http://www.williamwoods.edu/admissions/undergraduate/financial_services/index.html. At WWU, the total percentage of applicants who receive the Federal Grant stands at 30%. Meanwhile, 99% of the applicants receive the Student Grant and 97% are awarded the Institution Grant, while 30% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,611, while the same comes to $2,065 for State Grant receivers and $14,591 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,373. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $15,180 on average in a year. The average aid amount stands at $19,666 for an annual family income between $30,001 and $48,000. This amount comes to $14,932 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $15,985 for those with an annual family income between $75,001 and $110,000, and at $13,659 for an income more than $110,000. 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. Candidates are also required to repay these loans within a given period. Every year, around 62% of the applicants to William Woods University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

34%

State Grant Aid

30%

Institution Grant Aid

99%

Pell Grant

34%

Average Aid Awarded

Federal Grant Aid

$4,583

State Grant Aid

$1,839

Institution Grant Aid

$14,774

Pell Grant

$4,137

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$17,135

$30,001 - $48,000

$16,836

$48,001 - $75,000

$18,454

$75,001 - $110,000

$16,296

Over $110,000

$15,014

Student Loans for William Woods University

Average Loan Amount Average Loan Amount received per year.

$7,701/Year

Students Taking Out Loans

60%

Loan Default Rate

4.3%

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