by our College Data Analytics TeamFinancial aid in the form of loans, grants, work-study, and scholarships is one way colleges reduce the cost of attendance so most students can actually afford to attend.
Curious about the financial aid opportunities at Washburn University and what you may be eligible for? Explore the answers here.
Washburn University average financial aid offer for freshmen students is $6,049.00. About 93% of first year students receive financial aid, most of which is in the form of grants and scholarships.
Financial aid contains loans, grants, and scholarships. But college loans need to be repaid, thus they are not a real college discount.
Uneasy about the debt that may be included in your financial aid plan? Find the average amount of debt per student at Washburn University.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The numbers below apply to scholarships and grants primarily provided by Washburn University.
69% of incoming freshmen (492 total) were awarded scholarships at Washburn University, averaging $5,322.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 48% of freshman students (346 total) obtained federal grant aid, averaging $4,274.00 a piece.
The next table demonstrates grant and scholarship distributions by income level for freshmen getting any form of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 19.72% | $8,753.00 |
| Income 30k-48k | 7.41% | $7,437.00 |
| Income 48k-75k | 10.35% | $4,628.00 |
| Income 75k-110k | 8.95% | $2,611.00 |
| Income 110k + | 9.37% | $3,271.00 |
The table above shows students who are receiving Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more.
93% of the 715 undergraduates at Washburn University receive some sort of grant aid. This is a total of about 617 students getting an average of $6,049.00 per person.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
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