$4,526

Avg. Federal Grant

$2,802

Avg. Federal Loan

$5,754,372

Total Aid Awarded

Wor-Wic Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

58%

Total Aid Amount Average Total Aid Awarded per year.

$5.754M

Financial Aid Official Website

www.worwic.edu/StudentServices/FinancialAidScholarships.aspx

It is interesting to note that, every year, around 79% of students at WWCC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,138,229. The total percentage of candidates applying to Wor-Wic Community College who receive the Federal Grant is 59%. In comparison, 71% of the students are awarded the Student Grant, 24% get the Institution Grant, and 59% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,503, the State Grant receivers and Institution Grant beneficiaries get $935 and $2,005, respectively. And, for the Pell Grant awardees, the average aid amount is $3,267. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 14% of the applicants to Wor-Wic Community College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

55%

State Grant Aid

18%

Institution Grant Aid

20%

Pell Grant

55%

Average Aid Awarded

Federal Grant Aid

$4,526

State Grant Aid

$1,005

Institution Grant Aid

$2,241

Pell Grant

$4,387

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,573

$30,001 - $48,000

$5,075

$48,001 - $75,000

$3,171

$75,001 - $110,000

$362

Over $110,000

N/A

Student Loans for Wor-Wic Community College

Average Loan Amount Average Loan Amount received per year.

$2,802/Year

Students Taking Out Loans

12%

Loan Default Rate

12.5%

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