Westminster College (MO) Financial Aid and Scholarships
Students Receiving Aid
97%
Total Aid Amount
$13.662M
Financial Aid Official Website
www.westminster-mo.edu/admissions/finaid/default.html
Interestingly, almost all of the students at WC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $3,938,177 in a year. For additional information about financial assistance schemes, one can head over to WC’s financial aid page at http://www.westminster-mo.edu/admissions/finaid/default.html. The total percentage of candidates applying to Westminster College who receive the Federal Grant is 47%. On the other hand, 100% of the candidates get the Student Grant, 99% receive the Institution Grant, and 46% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,640, and the same stands at $2,096 for State Grant awardees and $16,259 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,444. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $19,045 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $21,208 and $18,344, respectively. On the other hand, the average federal aid stands at $18,347 for those with an annual family income between $75,001 and $110,000, and at $16,281 for an income more than $110,000. 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 94% of the applicants to Westminster College opt for student loans.
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