$5,821

Avg. Federal Grant

$4,847

Avg. Federal Loan

$19,376,577

Total Aid Awarded

Washtenaw Community College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

36%

Total Aid Amount Average Total Aid Awarded per year.

$19.377M

Financial Aid Official Website

www.wccnet.edu/services/financial-aid/

Among them are scholarship programs such as Art and Helen Nickless Scholarship, Auburn Jaycees Education Scholarship, Bay City Civitan/Marcella Barber Scholarship, and Bay City Kiwanis Educational Scholarship. As many as 66% of the students at WCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $12,919,432 in a year. Notably, a total of 40% of the applicants to Washtenaw Community College receive the Federal Grant every year. On the other hand, 52% of the candidates get the Student Grant, 16% receive the Institution Grant, and 40% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,944, while the same comes to $2,567 for State Grant receivers and $3,019 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,245. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Washtenaw Community College, the percentage of candidates who opt to avail of student loans is around 26%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

38%

State Grant Aid

12%

Institution Grant Aid

16%

Pell Grant

38%

Average Aid Awarded

Federal Grant Aid

$5,821

State Grant Aid

$2,513

Institution Grant Aid

$2,996

Pell Grant

$5,784

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,567

$30,001 - $48,000

$6,092

$48,001 - $75,000

$2,463

$75,001 - $110,000

$1,571

Over $110,000

N/A

Student Loans for Washtenaw Community College

Average Loan Amount Average Loan Amount received per year.

$4,847/Year

Students Taking Out Loans

22%

Loan Default Rate

17.9%

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