$4,705

Avg. Federal Grant

$3,782

Avg. Federal Loan

$14,859,247

Total Aid Awarded

Woodbury University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

76%

Total Aid Amount Average Total Aid Awarded per year.

$14.859M

Financial Aid Official Website

https://woodbury.edu/admissions/financial-aid-2018-2019/financial-aid-deadlines-2018-19/

Among them are scholarship programs such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. Notably, 97% of the students at Woodbury University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,732,274. Notably, a total of 58% of the applicants to Woodbury University receive the Federal Grant every year. On the other hand, 97% of the candidates get the Student Grant, 97% receive the Institution Grant, and 58% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,461, the State Grant receivers and Institution Grant beneficiaries get $7,613 and $19,199, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,975. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 66% of the applicants to Woodbury University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

41%

Institution Grant Aid

92%

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,705

State Grant Aid

$6,848

Institution Grant Aid

$16,633

Pell Grant

$4,578

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$28,773

$30,001 - $48,000

$27,462

$48,001 - $75,000

$23,815

$75,001 - $110,000

$18,442

Over $110,000

$14,086

Student Loans for Woodbury University

Average Loan Amount Average Loan Amount received per year.

$4,056/Year

Students Taking Out Loans

90%

Loan Default Rate

4.6%

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