Winthrop University Financial Aid and Scholarships
Students Receiving Aid
81%
Total Aid Amount
$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.