University of the Potomac Financial Aid and Scholarships
Students Receiving Aid
31%
Total Aid Amount
$74.162K
Financial Aid Official Website
www.potomac.edu/financial-aid
It is interesting to note that, every year, around 33% of students at UPWDC receive some kind of financial aid, while the total amount of assistance/loans provided is $60,480. At UPWDC, the total percentage of applicants who receive the Federal Grant stands at 33%. Meanwhile, 33% of the applicants receive the Student Grant, while 17% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $2,792. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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. Every year, around 23% of the applicants to University of the Potomac-Washington DC Campus opt for student loans.
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