by our College Data Analytics TeamMany students attending Western Kentucky University 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.
Discover the financial aid possibilities at WKU and learn what assistance you might qualify for by continuing to read.
$8,275.00 is the typical Western Kentucky University’s first year financial aid package. Financial aid is provided to about 98% of first-year students, with the bulk of support coming in the form of grants and scholarships.
Student loans come included in financial aid packages, however, the only true discount off of the price of college is a grant or scholarship that you do not need to pay back.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from Western Kentucky University you may end up taking on.
Institutional scholarships and grants are financial aid awards given by colleges and universities to help students manage tuition costs and other education-related expenses. These awards, which do not need to be repaid, can be classified as merit-based or need-based. Students who excel academically, possess unique talents, or have specific skills can be eligible for merit-based institutional scholarships. Factors such as high school performance, standardized test scores, or participation in extracurricular activities often contribute to eligibility for these scholarships. Need-based institutional grants, on the other hand, are awarded to students who demonstrate financial need. The amount given is generally based on the student’s family’s financial situation, aiming to cover the gap between the cost of attendance and the family’s capacity to pay. To assess a student’s eligibility for need-based grants, colleges and universities may rely on information from the Free Application for Federal Student Aid (FAFSA) or other financial aid forms. Institutional scholarships and grants are essential for students, as they can substantially lower college expenses and make higher education more affordable.
The following numbers pertain to assistance that is supplied by Western Kentucky University.
72% of new students (1925 total) were given scholarships at Western Kentucky University, averaging $5,361.00 per student. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 38% of first years (1029 total) were awarded federal grant aid, averaging $4,665.00 each.
The table following demonstrates grant and scholarship distributions by income level for freshmen getting any sort of federally-funded Title IV aid, which includes Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 44.85% | $8,889.00 |
| Income 30k-48k | 2.54% | $4,873.00 |
| Income 48k-75k | 0.67% | $3,594.00 |
| Income 75k-110k | 0.22% | $4,555.00 |
| Income 110k + | 0.22% | $5,746.00 |
The table above shows students who are obtaining Title IV aid, which is federal assistance from the government in the form of grants, loans, and work-study. Learn more here.
Of the 2680 undergraduate students at Western Kentucky University around 98% (2569 total) receive some form of grant aid. The typical amount awarded was $8,275.00.
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.