Wingate University Financial Aid and Scholarships
Students Receiving Aid
99%
Total Aid Amount
$64.011M
Financial Aid Official Website
https://www.wingate.edu/admissions/financial-aid
Such schemes include Belk Scholarship, Music Scholarship, North Carolina Student Incentive Grant, and Transfer Scholarship. 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 $10,370,088 in a year. One can visit WU's financial aid page at https://www.wingate.edu/admissions/financial-aid for more information. Notably, a total of 45% of the applicants to Wingate University receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 45% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,752, and the same stands at $5,185 for State Grant awardees and $23,647 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,651. 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 $26,734 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $27,564 and $26,095, respectively. Those with an annual income level of $75,001-$110,000 would receive $21,609, while candidates with more than $110,000 of family income receive an average federal aid of $20,550. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Wingate University, the percentage of candidates who opt to avail of student loans is around 59%.
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