OVERVIEW PROGRAMS AND TUITION ADMISSIONSFINANCIAL AID

Central Washington University (CWU) Financial Aid and Scholarships 2022

Central Washington University, which is located in Ellensburg, WA is a public university. Central Washington University occupies a total area of about 380 acres. It was in 1891 when the Central Washington University was founded. The motto of the Central Washington University is Docendo Discimus and its official colors are crimson, black and sable. In addition to over 11,111 undergraduate students, CWU also boasts of over 547 students in its postgraduate courses, taking the total enrollment to ov

$4,797

Avg. Federal Grant

$5,289

Avg. Federal Loan

$58,244,496

Total Aid Awarded

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Central Washington University (CWU) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

65%

Total Aid Amount Average Total Aid Awarded per year.

$58.244M

Financial Aid Official Website

www.cwu.edu/financial-aid

Students can avail of scholarships provided by the university, such as Alumni Association Scholarship, American Indian Endowed Scholarship, Bess Mikalson, and Bobbi McCallum Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 90% of students at CWU receive some kind of financial aid, while the total amount of assistance/loans provided is $35,835,646. More information regarding the financial assistance schemes can be accessed on CWU’s official financial aid page at http://www.cwu.edu/financial-aid. The total percentage of candidates applying to Central Washington University who receive the Federal Grant is 35%. On the other hand, 85% of the candidates get the Student Grant, 71% receive the Institution Grant, and 35% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,974, while the same comes to $6,085 for State Grant receivers and $3,361 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,666. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CWU, an estimated number of 57% of the applicants choose to go for student loans.

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Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

37%

State Grant Aid

33%

Institution Grant Aid

63%

Pell Grant

37%

Average Aid Awarded

Federal Grant Aid

$4,797

State Grant Aid

$5,822

Institution Grant Aid

$3,425

Pell Grant

$4,569

It is clear that you receive your funds in the form of scholarships, grants, and loans. But the real question is how and where do you get it from? The following information will help you get the answer to that confusion.

Total applicants receiving federal grant aid are around 59% which amounts to $6,019.
State grants and Institutional grants amount to $5,822 and $3,425 The total percentage of students receiving aid is 33% and 63%.

Subsidy the US federal government provides to help students pay for their education - Pell Grants amounts to $4,797.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$12,479

$30,001 - $48,000

$10,846

$48,001 - $75,000

$6,740

$75,001 - $110,000

$2,262

Over $110,000

$1,334

So here is the total financial assistance that you’ll be eligible for based on your family’s income. The family income under $30,000 per annum would get around $12,479 as financial aid. In the same way those with $30,001 - $48,000 and $48,000 to $75,000 would get $10,846 and $6,740 respectively. While those who hold the income level of $75,001 - $110,000 and $110,000+ would receive $2,262 and $1,334.

Student Loans for Central Washington University (CWU)

Average Loan Amount Average Loan Amount received per year.

$6,019/Year

Students Taking Out Loans

59%

Loan Default Rate

5.8%

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Student loans are a form of monetary benefits that a student receives from various financial institutions to pay for their education with a condition of repaying the amount in a given period of time and with a certain rate of interest.

What is the total loan amount that I’ll be receiving?

The average loan amount that an applicant receives for enrolling in a CWU is $5,289 where the total number of students taking loan stands at 65%.

So, the percentage of all outstanding loans that a lender has written off after a prolonged period of missed payment is 5.8%.

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