$5,207

Avg. Federal Grant

$5,992

Avg. Federal Loan

$120,266,896

Total Aid Awarded

Johnson & Wales University Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$120.267M

Financial Aid Official Website

www.jwu.edu/campuses/providence/admissions-and-aid/contact-us/the-financial-aid-team.html

Students can avail of scholarships provided by the university, such as Albert E. And Florence W. Newton Nurse Scholarship, Aldo Freda Legislative Pages Scholarship, Alpha Beta Gamma Scholarship, and Antonio Cirino Memorial Art Education Fellowship, if they find educational expenses to be on the higher side. It is interesting to note that almost every student at JWUP receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $33,709,542. The total percentage of candidates applying to Johnson & Wales University-Providence who receive the Federal Grant is 40%. On the other hand, 100% of the candidates get the Student Grant, 99% receive the Institution Grant, and 40% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,339, the State Grant receivers and Institution Grant beneficiaries get $1,056 and $18,988, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,695. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 81% of the applicants to Johnson & Wales University-Providence opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

46%

State Grant Aid

6%

Institution Grant Aid

99%

Pell Grant

46%

Average Aid Awarded

Federal Grant Aid

$5,207

State Grant Aid

$1,154

Institution Grant Aid

$17,354

Pell Grant

$4,970

The percentage of students awarded with certain grants offered is mentioned below:

  • 46% of the students receive Federal Grants which comprises an average aid of $5,207. 46% of the students receive Pell Grants which comprises an average aid of $4,970.

  • 6% of the students receive State Grants which comprises an average aid of US$1,154.

  • 99% of the students receive Institutional Grants which comprises an average aid of $17,354.

  • The amount of federal loan provided to students on an average reaches nearly up  to $5,992.

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$24,583

$30,001 - $48,000

$24,136

$48,001 - $75,000

$21,578

$75,001 - $110,000

$18,933

Over $110,000

$15,851

The financial aid available for students is calculated as per their family income with ranges fluctuating between $9,201 being the lowest and $24,583 being the highest. The highest amount is offered to students belonging to the family income group $0 - $30,000 and the lowest to the group with income more than $110,000.

On an average, the financial aid is around $21,016. The financial aid of $8,667 falling under the income category ranging from $48,001- $75,000 is received by maximum students.

Families with income less than $75,000, will be offered with financial aid reaching nearly $24,583, $24,136 and $21,578, whereas those with income more than $75,000, will be offered with financial aid of $18,933 to $15,851.

Student Loans for Johnson & Wales University

Average Loan Amount Average Loan Amount received per year.

$9,201/Year

Students Taking Out Loans

83%

Loan Default Rate

7%

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