Wilmington University Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022

Wilmington University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

36%

Total Aid Amount Average Total Aid Awarded per year.

$11.667M

Financial Aid Official Website

www.wilmu.edu/financialaid/index.aspx

Students can avail of scholarships provided by the university, such as Christa McAuliffe Teacher Scholarship Loan, Delaware Nursing Incentive Scholarship Loan, Delaware Space Grant College Graduate Fellowship, and Delaware Space Grant College Undergraduate Tuition Scholarship, if they find educational expenses to be on the higher side. As many as 63% of the students at WU get some sort of financial aid, and the total amount of assistance/loans provided is more than $28,518,386 in a year. More information regarding the financial assistance schemes can be accessed on WU’s official financial aid page at http://www.wilmu.edu/financialaid/index.aspx. At WU, the total percentage of applicants who receive the Federal Grant stands at 37%. Meanwhile, 51% of the applicants receive the Student Grant and 19% are awarded the Institution Grant, while 37% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,588. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $4,076 in a year. The average aid amount stands at $3,324 for an annual family income between $30,001 and $48,000. This amount comes to $2,197 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $1,676, while candidates with more than $110,000 of family income receive an average federal aid of $160. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 59% of the applicants to Wilmington University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

N/A

Institution Grant Aid

19%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,039

State Grant Aid

N/A

Institution Grant Aid

$4,252

Pell Grant

$3,971

Wilmington University's financial aid is basically to provide students financial help that they need to complete their education and get their degree. The table below shows the breakdown of the financial aid that includes federal grants, pell grants, state grants, and institutional grants. The total aid awarded is $11667485 and the percentage of students receiving the aid is 36%.

Institutional grants having a contribution percentage of 19% with an average aid amount of $4,252. Federal and pell grant both having the contribution percentage of 53% with an average aid of $4,039 and $3,971 respectively, and state grant having 9% with an amount of $4,252.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,464

$30,001 - $48,000

$4,198

$48,001 - $75,000

$3,019

$75,001 - $110,000

N/A

Over $110,000

N/A

The table shows the amount of aid provided based on family income :

It is basically to help the students get the degree irrespective of their financial background. For those whose family income is under $30,000 they can expect the amount of aid i.e $2,464, family income between $30,001 to $48,000 can expect the aid of $4,198, family income between $48,001 to $75,000 can expect $3,019 and for $75,001 to $1,10,000 and over $1,10,000, there is a lack of sufficient information. For more information, visit the official site.

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