by our College Data Analytics TeamMany students attending Washington University in St Louis can expect to receive financial assistance in various forms, such as scholarships, grants, loans, and work-study programs, making the cost of attendance more manageable.
Interested in understanding the financial aid resources available at WUSTL and your eligibility? Find the answers you seek below.
Washington University in St Louis average financial aid offer for freshmen students is $49,677.00. 54% of reshman students get financial aid, most of which is in the form of grants and scholarships
Loans are a part of financial aid plans, but the only true college discount is a scholarship or grant that you don’t have to repay.
Student debt should be thought of as an “outcome” rather than “aid”. Read more about student loan debt at Washington University in St Louis.
Financial awards given by a college or university to its students, known as institutional scholarships and grants, help to offset the cost of tuition and other education-related expenses. These awards fall into two categories: merit-based and need-based, and they do not need to be paid back. Merit-based institutional scholarships are granted to students who have shown outstanding academic accomplishments, special talents, or abilities in a particular field. Factors such as high school performance, standardized test results, or involvement in extracurricular activities often contribute to these scholarship decisions. Conversely, need-based institutional grants cater to students who demonstrate financial need. The awarded amount is typically based on the student’s family’s financial standing and is intended to cover the difference between the cost of attendance and the family’s ability to contribute. Colleges and universities might use data from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms to determine a student’s eligibility for need-based grants. Institutional scholarships and grants are a vital source of financial support for students, as they can significantly reduce the cost of attending college and help make higher education more accessible.
The stats below refer to aid that is provided by Washington University in St Louis.
45% of new students (773 total) were given scholarships at Washington University in St Louis, averaging $48,322.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 15% of freshman students (268 total) obtained federal grant aid, averaging $7,016.00 a piece.
The next table shows grant and scholarship distributions by income for first-year students getting any form of federally-funded Title IV aid, including Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 5.32% | $75,354.00 |
| Income 30k-48k | 3.58% | $74,464.00 |
| Income 48k-75k | 5.32% | $68,761.00 |
| Income 75k-110k | 5.32% | $53,402.00 |
| Income 110k + | 15.20% | $30,151.00 |
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.
800 WUSTL undergrads obtain grant aid (this is about 54% of the entire undergraduate student population). The average amount these students receive is $49,677.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.