Financial Aid at Welch
Financial Aid Amount Received
$10,709 (51.50% of tuition)
Percent of Financial Aid Received
82% of 345 students
283 undergraduate students (82% of all students) have received grants, scholarships, and/or federal student loans at Welch College. The percentage of students who received financial aid average compared to Private (not-for-profit), 4-Years Colleges in Tennessee.
Compared to similar schools in rankings such as American Baptist College and Le Moyne-Owen College, the percentage of students who received financial aid is higher (the average of the schools is 94.50%).
Undergraduate Financial Aid by Type
The average amount of grants of scholarship aid is $10,709 and the average loan amount is $8,127. The average financial aid amount is 51.50% of tuition & fees (tuition & fees: $20,796).
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Grant or scholarship aid | 283 | 82% | $3,030,579 | $10,709 |
| Pell Grants | 94 | 27% | $467,599 | $4,974 |
| Federal Students Loans | 107 | 31% | $869,626 | $8,127 |
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), 49 students have received one or more types of financial aid at Welch College.
The average amount of federal, state, local or institutional grant aid is $15,153 and the average amount of student loans awarded to full-time first-time undergraduate students is $7,080.
The following table shows the financial data by type of aid at Welch College.
First-time Undergraduate Financial Aid by Type
| Number Receiving Aid | Percent Receiving Aid | Total Amount of Aid Received | Average Amount of Aid Received | |
|---|---|---|---|---|
| Any Financial Aid | 49 | 98% | - | - |
| Grant or scholarship aid | 49 | 98% | $742,512 | $15,153 |
| Federal Grants | 20 | 40% | $118,128 | $5,906 |
| Pell Grants | 20 | 40% | $112,128 | $5,606 |
| Other Federal Grants | 6 | 12% | $6,000 | $1,000 |
| State/Local Grants | 24 | 48% | $132,955 | $5,540 |
| Institutional Grants | 48 | 96% | $491,429 | $10,238 |
| Student Loans | 21 | 42% | $148,686 | $7,080 |
| Federal Student Loans | 21 | 42% | $107,500 | $5,119 |
| Other Student Loans | 4 | 8% | $41,186 | $10,297 |