Wartburg College Financial Aid and Scholarships
Students Receiving Aid
96%
Total Aid Amount
$42.931M
Financial Aid Official Website
www.wartburg.edu/financial-aid
Notably, 98% of the students at Wartburg College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,524,167. One can visit WC's financial aid page at http://www.wartburg.edu/financial-aid for more information. Notably, a total of 29% of the applicants to Wartburg College receive the Federal Grant every year. Meanwhile, 97% of the applicants receive the Student Grant and 96% are awarded the Institution Grant, while 28% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,844, the State Grant receivers and Institution Grant beneficiaries get $5,884 and $27,835, respectively. And, for the Pell Grant awardees, the average aid amount is $4,426. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $33,154 in a year. The average aid amount stands at $30,466 for an annual family income between $30,001 and $48,000. This amount comes to $30,801 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $25,433 for those with an annual family income between $75,001 and $110,000, and at $23,429 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At WC, an estimated number of 73% of the applicants choose to go for student loans.
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