William Peace University (WPU) Financial Aid and Scholarships
Students Receiving Aid
89%
Total Aid Amount
$13.753M
Financial Aid Official Website
www.peace.edu/admissions/office-of-financial-aid
Students can avail of scholarships provided by the university, such as North Carolina Student Incentive Grant and Triangle Scholarship Program, if they find educational expenses to be on the higher side. Interestingly, almost all of the students at WPU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $4,863,929 in a year. For additional information about financial assistance schemes, one can head over to WPU’s financial aid page at http://www.peace.edu/admissions/office-of-financial-aid. Notably, a total of 45% of the applicants to William Peace University receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 45% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,148, the State Grant receivers and Institution Grant beneficiaries get $4,911 and $15,298, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,559. 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 $23,688 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $22,002, while those falling in the $48,001-$75,000 income category get $21,602 a year. Those with an annual income level of $75,001-$110,000 would receive $16,825, while candidates with more than $110,000 of family income receive an average federal aid of $11,622. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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. At William Peace University, the percentage of candidates who opt to avail of student loans is around 81%.
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