Winona State University Financial Aid and Scholarships
Students Receiving Aid
57%
Total Aid Amount
$22.101M
Financial Aid Official Website
www.winona.edu/financialaid/default.asp
It is interesting to note that, every year, around 90% of students at WSU receive some kind of financial aid, while the total amount of assistance/loans provided is $27,389,893. Notably, a total of 29% of the applicants to Winona State University receive the Federal Grant every year. On the other hand, 68% of the candidates get the Student Grant, 45% receive the Institution Grant, and 29% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,268, and the same stands at $3,235 for State Grant awardees and $2,833 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,974. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. At Winona State University, the percentage of candidates who opt to avail of student loans is around 69%.
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