Walsh University Financial Aid and Scholarships
Students Receiving Aid
83%
Total Aid Amount
$32.653M
Financial Aid Official Website
www.walsh.edu/financial-aid-welcome
Such schemes include Dr. Allen Smith Memorial Scholarship, Education Foundation Scholarship, Educational Assistance Commitment Grant, and James R. Hunt Memorial Scholarship. It is interesting to note that almost every student at WU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $9,030,388. One can visit WU's financial aid page at http://www.walsh.edu/financial-aid-welcome for more information. The total percentage of candidates applying to Walsh University who receive the Federal Grant is 38%. Meanwhile, 100% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 38% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,448, and the same stands at $2,974 for State Grant awardees and $18,970 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,780. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $24,902 on average in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $25,931, while those falling in the $48,001-$75,000 income category get $21,928 a year. Those with an annual income level of $75,001-$110,000 would receive $18,629, while candidates with more than $110,000 of family income receive an average federal aid of $16,699. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 76% of the applicants to Walsh University opt for student loans.