Western Governors University (WGU) Financial Aid, FAFSA/Federal School Code, Scholarships and Deadlines 2022 | The College Monk (2024)

Western Governors University (WGU) Financial Aid and Scholarships

Students can avail of scholarships provided by the university, such as StraighterLine Partner College Scholarship and T.H. Bell Teaching Incentive Loan, if they find educational expenses to be on the higher side. Notably, 72% of the students at Western Governors University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $246,732,971. One can visit WGU's financial aid page at http://www.wgu.edu/tuition_financial_aid/financial_aid_application.asp for more information. Notably, a total of 42% of the applicants to Western Governors University receive the Federal Grant every year. On the other hand, 43% of the candidates get the Student Grant, while 42% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,034. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $3,326 on average in a year. The average aid amount stands at $2,913 for an annual family income between $30,001 and $48,000. This amount comes to $2,417 for those who fall under the $48,001-$75,000 family income bracket. 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 Western Governors University, the percentage of candidates who opt to avail of student loans is around 61%.

Student Loans for Western Governors University (WGU)