Undergraduate Financial Aid by Type

The average amount of grants of scholarship aid is $10,310 and the average loan amount is $7,461. The average financial aid amount is 44.47% of tuition & fees (tuition & fees: $23,186).
Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Grant or scholarship aid1,385 61%$14,278,778$10,310
Pell Grants899 40%$4,259,702$4,738
Federal Students Loans987 43%$7,364,323$7,461

Undergraduate Student Financial Aid Comparison Chart

First-time (full-time) Undergraduate Students Financial Aid

For the full-time, first-time undergraduate students (freshmen, in most cases), 235 students have received one or more types of financial aid at Wayland Baptist University.
The average amount of federal, state, local or institutional grant aid is $14,541 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,828.
The following table shows the financial data by type of aid at Wayland Baptist University.

First-time Undergraduate Financial Aid by Type

Number Receiving AidPercent Receiving AidTotal Amount of Aid ReceivedAverage Amount of Aid Received
Any Financial Aid23696%--
Grant or scholarship aid235 96%$3,417,145$14,541
Federal Grants118 48%$626,325$5,308
Pell Grants118 48%$570,283$4,833
Other Federal Grants68 28%$56,042$824
State/Local Grants150 61%$602,308$4,015
Institutional Grants202 82%$2,188,512$10,834
Student Loans162 66%$1,268,083$7,828
Federal Student Loans159 65%$805,410$5,065
Other Student Loans40 16%$462,673$11,567