Worcester State University Financial Aid and Scholarships
Students Receiving Aid
58%
Total Aid Amount
$15.446M
Financial Aid Official Website
https://www.worcester.edu/Financial-Aid
Students can avail of scholarships provided by the university, such as Access Scholarship, Achievement and Community Scholarship, Ada Cheever Perry Memorial Scholarship, and Adult Learner Scholarship, if they find educational expenses to be on the higher side. As many as 85% of the students at WSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $16,578,714 in a year. One can visit WSU's financial aid page at https://www.worcester.edu/Financial-Aid for more information. At WSU, the total percentage of applicants who receive the Federal Grant stands at 35%. On the other hand, 68% of the candidates get the Student Grant, 50% receive the Institution Grant, and 35% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,955, the State Grant receivers and Institution Grant beneficiaries get $1,863 and $1,806, respectively. And, for the Pell Grant awardees, the average aid amount is $4,301. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At WSU, an estimated number of 68% of the applicants choose to go for student loans.