$4,742

Avg. Federal Grant

$5,934

Avg. Federal Loan

$45,954,197

Total Aid Awarded

Winthrop University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

81%

Total Aid Amount Average Total Aid Awarded per year.

$45.954M

Financial Aid Official Website

www.winthrop.edu/finaid/

It is interesting to note that, every year, around 99% of students at WU receive some kind of financial aid, while the total amount of assistance/loans provided is $20,762,758. At WU, the total percentage of applicants who receive the Federal Grant stands at 47%. Meanwhile, 99% of the applicants receive the Student Grant and 60% are awarded the Institution Grant, while 46% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,872, the State Grant receivers and Institution Grant beneficiaries get $4,730 and $6,589, respectively. And, for the Pell Grant awardees, the average aid amount is $4,617. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. At WU, an estimated number of 74% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

48%

State Grant Aid

89%

Institution Grant Aid

55%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$4,742

State Grant Aid

$5,200

Institution Grant Aid

$8,152

Pell Grant

$4,590

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,657

$30,001 - $48,000

$12,241

$48,001 - $75,000

$10,371

$75,001 - $110,000

$7,566

Over $110,000

$8,167

Student Loans for Winthrop University

Average Loan Amount Average Loan Amount received per year.

$7,511/Year

Students Taking Out Loans

72%

Loan Default Rate

5.7%

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