by our College Data Analytics TeamRather than paying the full sticker price for a college education, most students receive a financial aid package that eases the burden with scholarships, grants, loans, and work-study options, while the amount and type of aid may vary among students.
The amount of financial assistance and scholarships or grants you can get varies based on your circumstances. Keep reading to learn more to help you to know just how much aid and scholarships to expect from UVa - Wise.
$12,373.00 is the typical The University of Virginia’s College at Wise’s first year financial aid package. 100% of reshman students get financial aid, most of which is in the form of grants and scholarships
Financial aid helps lower the cost, or the full retail price of the institution. But bear in mind that the only true college discount is scholarships & grants.
A loan is not a legitimate college discount, but rather an outcome to consider. See how much student loan debt from The University of Virginia’s College at Wise you may end up taking on.
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 The University of Virginia’s College at Wise.
89% of incoming freshmen (249 total) were awarded scholarships at The University of Virginia’s College at Wise, averaging $7,009.00 a piece. This puts it in the top 50th percentile among colleges and universities nationwide.
In addition to scholarships, 52% of freshman students (146 total) obtained federal grant aid, averaging $5,050.00 a piece.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 21.71% | $14,377.00 |
| Income 30k-48k | 12.46% | $13,973.00 |
| Income 48k-75k | 10.32% | $12,485.00 |
| Income 75k-110k | 7.12% | $10,082.00 |
| Income 110k + | 5.34% | $6,206.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
100% of the 281 undergraduates at The University of Virginia’s College at Wise receive some sort of grant aid. This is a total of about 256 students getting an average of $12,373.00 per person.
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.