by our College Data Analytics TeamMany students will never be charged the advertised price of a school. Instead, they will be provided a financial aid package that will include a combination of scholarships, grants, loans, and work-study. The total price of attendance at Washington State University can feel overwhelming, but bear in mind that many students receive some sort of financial aid.
What financial assistance options will Wazzu offer, and what will you qualify for? Read on for more information. Keep going to find out how much school funding will be available to you.
Eligibility for aid and scholarships is driven mostly by your household’s income and need. The figures below will help you estimate the aid you might receive from Washington State University.
Financial 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. However, some types of aid are more desirable than others, and some students will receive more than others.
At Washington State University, 89% of entering full-time freshmen got some type of financial assistance roughly 3660 incoming students).
| Type of Aid | % of Freshmen Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 83% | $10,886 |
| Institutional grants & scholarships | 72% | $6,100 |
| Federal Pell grants | 28% | $5,586 |
| State/local grants | 35% | $8,418 |
| Federal student loans | 33% | $4,973 |
Grants and scholarships are the most valuable form of aid because, unlike loans, they never have to be repaid. At Wazzu, approximately 68% of undergrads got grants or scholarships worth on average $12,107 (across approximately 14852 undergraduates).
| Award | % of Undergrads Receiving | Average Amount |
|---|---|---|
| Grant or scholarship aid (all sources) | 68% | $12,107 |
| Federal Pell grants | 27% | $5,541 |
| Federal student loans | 30% | $6,492 |
Among title-IV aid recipients living on campus, grant and scholarship aid averaged $12,677.
Since aid is largely need-based, the real cost of attendance falls steeply for lower-income families.
| Family Income | Average Net Price |
|---|---|
| $0 – $48,000 | $7,821 |
| $30,001 – $75,000 | $10,378 |
| Over $75,000 | $22,854 |
Each figure is the net price after grants and scholarships, not the published sticker price.
The net price strips out grant and scholarship aid from the sticker price to show roughly what families really pay.
| Cohort | Average Net Price |
|---|---|
| On-campus title-IV students | $14,971 |
| Off-campus title-IV students | $14,401 |
To get a personalized net price estimate, try Wazzu’s online cost calculator: financialaid.wsu.edu/net-price-calculator/.
Graduating students at Wazzu carry a median federal student debt of $14,853 of federal borrowing.
| Metric | Amount |
|---|---|
| Median federal debt (all student-aid borrowers) | $14,853 |
| Median federal debt (graduates only) | $19,500 |
| Typical 10-year monthly payment (graduates) | $206.73/mo |
Under a standard ten-year plan, the median graduate’s monthly payment lands near the figure above.
Looking only at the median can be misleading because it hides the spread. The figures below chart the debt distribution at Wazzu.
| Percentile | Cumulative Federal Debt |
|---|---|
| 10th percentile (lowest-debt students) | $3,750 |
| 25th percentile | $6,500 |
| 75th percentile | $25,000 |
| 90th percentile (highest-debt students) | $32,417 |
The figures below break down median federal debt by income tier, first-generation status, and dependency.
Debt by Income Tier
| Income tier | Median federal debt |
|---|---|
| Low income | $14,597 |
| Middle income | $14,750 |
| High income | $15,000 |
By First-Generation Status
| Cohort | Median federal debt |
|---|---|
| First-generation students | $14,930 |
| Continuing-generation students | $14,702 |
By Dependency Status
| Cohort | Median federal debt |
|---|---|
| Dependent students | $14,115 |
| Independent students | $16,520 |
The figure below distills the debt data into a single burden category for Wazzu.
Most undergraduate borrowing runs through the federal Stafford loan program. The annual Stafford volume below reflects program activity at Wazzu:
| Metric | Value |
|---|---|
| Stafford loan recipients | 72201 |
| Total Stafford loan amount | $1,656,069,794 |
If you are a veteran or active-duty service member, the GI Bill and DoD Tuition Assistance are the primary federal programs you can use at this school.
Post-9/11 GI Bill activity
| Metric | Value |
|---|---|
| GI Bill recipients | 639 |
| Total GI Bill amount | $7,138,197 |
| Average GI Bill amount per recipient | $11,171 |
DoD Tuition Assistance activity
| Metric | Value |
|---|---|
| DoD Tuition Assistance recipients | 57 |
| Total DoD amount | $132,490 |
| Average DoD amount per recipient | $2,324 |
References
More about our data sources and methodologies.