$4,382

Avg. Federal Grant

$6,968

Avg. Federal Loan

$5,767,854

Total Aid Awarded

The University of Montana-Western Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

65%

Total Aid Amount Average Total Aid Awarded per year.

$5.768M

Financial Aid Official Website

w.umwestern.edu/info/financial-aid/

As many as 85% of the students at TUMW get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,042,599 in a year. More information regarding the financial assistance schemes can be accessed on TUMW’s official financial aid page at http://w.umwestern.edu/info/financial-aid/. Notably, a total of 37% of the applicants to The University of Montana-Western receive the Federal Grant every year. Meanwhile, 73% of the applicants receive the Student Grant and 63% are awarded the Institution Grant, while 37% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,242, and the same stands at $1,007 for State Grant awardees and $5,654 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,179. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 58% of the applicants to The University of Montana-Western opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

43%

State Grant Aid

6%

Institution Grant Aid

66%

Pell Grant

43%

Average Aid Awarded

Federal Grant Aid

$4,382

State Grant Aid

$4,353

Institution Grant Aid

$5,918

Pell Grant

$4,241

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,263

$30,001 - $48,000

$6,077

$48,001 - $75,000

$3,970

$75,001 - $110,000

$2,244

Over $110,000

$382

Student Loans for The University of Montana-Western

Average Loan Amount Average Loan Amount received per year.

$6,968/Year

Students Taking Out Loans

60%

Loan Default Rate

9.7%

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