$4,657

Avg. Federal Grant

$5,352

Avg. Federal Loan

$52,838,475

Total Aid Awarded

Wright State University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

70%

Total Aid Amount Average Total Aid Awarded per year.

$52.838M

Financial Aid Official Website

www.wright.edu/raiderconnect/financial-aid

Students can avail of scholarships provided by the university, such as Anthony Munoz Foundation Scholarship Fund, Charles H. Hewitt Memorial Scholarship, Dr. Allen Smith Memorial Scholarship, and Educational Assistance Commitment Grant, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 90% of students at WSUMC receive some kind of financial aid, while the total amount of assistance/loans provided is $35,047,300. At WSUMC, the total percentage of applicants who receive the Federal Grant stands at 37%. On the other hand, 75% of the candidates get the Student Grant, 53% receive the Institution Grant, and 37% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,854, the State Grant receivers and Institution Grant beneficiaries get $2,172 and $4,852, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,889. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Wright State University-Main Campus, the percentage of candidates who opt to avail of student loans is around 62%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

38%

State Grant Aid

32%

Institution Grant Aid

51%

Pell Grant

38%

Average Aid Awarded

Federal Grant Aid

$4,657

State Grant Aid

$2,227

Institution Grant Aid

$4,787

Pell Grant

$4,494

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,033

$30,001 - $48,000

$7,411

$48,001 - $75,000

$4,583

$75,001 - $110,000

$2,771

Over $110,000

$2,473

Student Loans for Wright State University

Average Loan Amount Average Loan Amount received per year.

$6,025/Year

Students Taking Out Loans

62%

Loan Default Rate

8.6%

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