$4,009

Avg. Federal Grant

$4,603

Avg. Federal Loan

$2,319,886

Total Aid Awarded

Wright State University-Lake Campus Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

65%

Total Aid Amount Average Total Aid Awarded per year.

$2.320M

Financial Aid Official Website

www.wright.edu/raiderconnect/financial-aid

As many as 81% of the students at WSULC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,227,330 in a year. More information regarding the financial assistance schemes can be accessed on WSULC’s official financial aid page at http://www.wright.edu/raiderconnect/financial-aid. At WSULC, the total percentage of applicants who receive the Federal Grant stands at 35%. On the other hand, 60% of the candidates get the Student Grant, 33% receive the Institution Grant, and 35% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,765, and the same stands at $3,042 for State Grant awardees and $2,882 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,781. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 47% of the applicants to Wright State University-Lake Campus opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

36%

State Grant Aid

2%

Institution Grant Aid

40%

Pell Grant

36%

Average Aid Awarded

Federal Grant Aid

$4,009

State Grant Aid

$3,305

Institution Grant Aid

$2,307

Pell Grant

$3,868

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,824

$30,001 - $48,000

$5,360

$48,001 - $75,000

$3,109

$75,001 - $110,000

$1,120

Over $110,000

$382

Student Loans for Wright State University-Lake Campus

Average Loan Amount Average Loan Amount received per year.

$4,794/Year

Students Taking Out Loans

45%

Loan Default Rate

N/A

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