Western Oregon University (WOU) Financial Aid and Scholarships
Students Receiving Aid
56%
Total Aid Amount
$16.806M
Financial Aid Official Website
www.wou.edu/student/finaid/index.php
As many as 95% of the students at WOU get some sort of financial aid, and the total amount of assistance/loans provided is more than $15,956,683 in a year. One can visit WOU's financial aid page at http://www.wou.edu/student/finaid/index.php for more information. The total percentage of candidates applying to Western Oregon University who receive the Federal Grant is 43%. In comparison, 77% of the students are awarded the Student Grant, 72% get the Institution Grant, and 42% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,858, while the same comes to $3,214 for State Grant receivers and $3,116 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,328. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 90% of the applicants to Western Oregon University opt for student loans.