Wright State University believes every student can afford a college education, regardless of their financial background. Wright State University offers a wide range of financial aid options to help students pay for college, including scholarships, grants, loans, and work-study programs.
Scholarships
Wright State University offers a variety of scholarships to students based on academic merit, financial need, and other factors. Some of the most popular scholarships include:
- Presidential Scholarship: This scholarship is awarded to incoming freshmen with a high school GPA of 3.5 or higher and an ACT score of 27 or higher. The scholarship covers full tuition, fees, room, and board for four years.
- University Scholarship: This scholarship is awarded to incoming freshmen with a high school GPA of 3.0 or higher and an ACT score of 24 or higher. The scholarship covers half tuition, fees, room, and board for four years.
- Dean’s Scholarship: This scholarship is awarded to incoming freshmen with a high school GPA of 2.5 or higher and an ACT score of 21 or higher. The scholarship covers 10% – 25% of tuition and fees.
Grants
Grants are free money that does not have to be repaid. Wright State University offers a variety of grants to students based on financial need. Some of the most popular grants include:
- Federal Pell Grant: This grant is awarded to students with a high school diploma or GED who are enrolled in an undergraduate program. The amount of the grant varies depending on the student’s financial need.
- Ohio College Opportunity Grant: This grant is awarded to students from Ohio who are enrolled in an undergraduate program. The amount of the grant varies depending on the student’s financial need.
- Wright State University Grant: This grant is awarded to students who are enrolled in an undergraduate program at Wright State University. The amount of the grant varies depending on the student’s financial need.
Loans
Loans are money that must be repaid. Wright State University offers a variety of loans to students who need to borrow money to pay for college. Some of the most popular loans include:
- Federal Direct Student Loan: This loan is available to students who are enrolled in an undergraduate or graduate program. The interest rate on the loan is fixed at 3.73%.
- Federal Direct PLUS Loan: This loan is available to parents of students who are enrolled in an undergraduate program. The interest rate on the loan is fixed at 6.28%.
- Private Student Loan: This loan is available to students who are not eligible for federal loans. The interest rate on the loan varies depending on the lender.
Work-Study Programs
Work-study programs allow students to work part-time to earn money to help pay for college. Wright State University offers a variety of work-study programs, including:
- Federal Work-Study Program: This program is available to students who are enrolled in an undergraduate or graduate program. Students can work up to 20 hours per week at a job on campus.
- Ohio College Opportunity Grant (OCOG) Work-Study Program: This program is available to students who are receiving an OCOG grant. Students can work up to 15 hours per week at a job on campus.
- Wright State University Work-Study Program: This program is available to students who are not eligible for federal or state work-study programs. Students can work up to 10 hours per week at a job on campus.
How to Apply for Financial Aid
To apply for financial aid, students must complete the Free Application for Federal Student Aid (FAFSA). The FAFSA is a form that collects information about the student’s financial situation. The FAFSA is used to determine the student’s eligibility for federal and state financial aid programs.
The FAFSA can be completed online at the Federal Student Aid website. The FAFSA is available October 1st for the following school year.
Deadlines
The priority deadline for the FAFSA is March 1st. Students who submit the FAFSA after March 1st may still be eligible for financial aid, but their options may be limited.
Resources
The Office of Financial Aid at Wright State University can provide students with information and assistance with the financial aid process. The Office of Financial Aid is located in the Student Success Center.
The Office of Financial Aid can be reached by phone at (937) 775-3125 or by email at [email protected].
Additional Information
In addition to the financial aid programs listed above, Wright State University also offers a variety of other programs and services to help students pay for college. These programs and services include:
- Payment plans: Wright State University offers a variety of payment plans that allow students to spread the cost of tuition and fees over a period of time.
- Emergency loans: Wright State University offers emergency loans to students who are experiencing financial hardship.
- Student employment: Wright State University offers a variety of student employment opportunities on campus.
Wright State University Financial Aid Statistics
- In 2021-2022, Wright State University awarded over $200 million in financial aid to students.
- Over 90% of Wright State University students receive some form of financial aid.
- The average financial aid award at Wright State University is over $15,000.
Conclusion
Wright State University offers a wide range of financial aid options to help students pay for college. Students who complete the FAFSA can learn about the financial aid programs for which they are eligible. The Office of Financial Aid can provide students with information and assistance with the financial aid process.
