$2,980

Avg. Federal Grant

N/A

Avg. Federal Loan

$132,156

Total Aid Awarded

World Mission University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

45%

Total Aid Amount Average Total Aid Awarded per year.

$132.156K

Financial Aid Official Website

N/A

It is interesting to note that, every year, around 64% of students at WMU receive some kind of financial aid. The total percentage of candidates applying to World Mission University who receive the Federal Grant is 64%. In comparison, 64% of the students get the Student Grant, and 64% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $2,321. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $6,015 in a year. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$2,980

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$2,880

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$2,980

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for World Mission University

Average Loan Amount Average Loan Amount received per year.

N/A

Students Taking Out Loans

N/A

Loan Default Rate

5%

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