$3,413

Avg. Federal Grant

$4,404

Avg. Federal Loan

$1,621,155

Total Aid Awarded

Wyotech Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

69%

Total Aid Amount Average Total Aid Awarded per year.

$1.621M

Financial Aid Official Website

N/A

As many as 74% of the students at WyoTech get some sort of financial aid, and the total amount of assistance/loans provided is more than $300,876 in a year. The total percentage of candidates applying to WyoTech who receive the Federal Grant is 41%. On the other hand, 44% of the candidates get the Student Grant, 2% receive the Institution Grant, and 41% get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,579. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At WyoTech, an estimated number of 67% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

49%

State Grant Aid

N/A

Institution Grant Aid

46%

Pell Grant

49%

Average Aid Awarded

Federal Grant Aid

$3,413

State Grant Aid

N/A

Institution Grant Aid

$3,696

Pell Grant

$3,413

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,153

$30,001 - $48,000

$1,404

$48,001 - $75,000

$672

$75,001 - $110,000

$2,250

Over $110,000

N/A

Student Loans for Wyotech

Average Loan Amount Average Loan Amount received per year.

$4,404/Year

Students Taking Out Loans

63%

Loan Default Rate

17.5%

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