Student Loans for Willamette Students
About Willamette University
Willamette University is a top-notch liberal arts institution located in Salem, Oregon. Established in 1842 as the first university in the Western United States, it boats an undergraduate college as well as three graduate schools. At Willamette, a great student-teacher ratio combined with rigorous and comprehensive courses makes for an outstanding learning environment.
Willamette Financial Aid
The Willamette University financial aid office is aware that most students cannot afford all of their college expenses and that they therefore require financial assistance. Thus, to help students, Willamette offers a number of aid options. For example, students may apply for both merit and need-based scholarships, loans and federal work-study. It is important that students gauge their own financial need before applying for assistance, as this will help to determine their eligibility. Note: financial need is the difference between the cost of attendance and the expected family contribution. Furthermore, students must fill out the Free Application for Federal Student Aid (FAFSA) so that the department of education can determine their aid eligibility and forward that information to the Willamette University financial aid office. The FAFSA form is available online at www.fafsa.ed.gov.
Willamette Aid Packages
Williamette offers merit-based scholarships to undergraduate students who boast excellent academic records or exceptional talent, as students are automatically considered for merit scholarships when they apply for admission. Some of these scholarships include Willamette Scholarships for Oregon Latinos, Black United Partnership scholarships, National Merit scholarships and National Hispanic scholarships. Students who do not qualify for merit-based assistance can look for aid from need-based sources, such as university grants, federal Pell Grants, Jason Lee scholarships, FSEOG and Oregon Opportunity grants. Government loans like federal Perkins loans, federal Direct loans and Direct Parent PLUS loans are cheap funding options for students.
Private Loans and Willamette
Like all major institutions, Willamette University accepts private student loans as means of funding educational expenses. There are plenty of private lenders out there and picking one that is right for you can be a little confusing, as well as difficult. However, the comparison tool on our website has simplified matters and allows you to compare various lenders side-by-side so that you can make an informed decision. The tool is free, accessible and easy to use!
Willamette financial aid packages include loans, grants, scholarships, and work-study. The work-study program here is the Federal work study program (FWS), as students can apply for part-time jobs on campus in order to pay for their tuition expenses. To apply for the federal work study programs, you must fill out the FAFSA and submit it at fafsa.ed.gov.
On what basis does Willamette University financial aid offer assistance?
The most important factor that is considered while awarding financial aid at Willamette University is merit. Students with distinguished academic records have higher chance of receiving financial assistance regardless of financial need. Students who receive merit-based award from the university have generally completed rigorous college preparatory courses in high school, have high test scores, and high grade point averages. The university also awards scholarships based on leadership skills, exceptional talent in music, theatre, or forensics.
Pay for Willamette University*
|Total Avg. Cost||$48,301|
|Room & Board||$8,900|
|Financial Aid Information|
|Students Receiving Fin Aid||97%|
|Typical Grant Amounts|
|Avg. Other Stud. Loans||$6,365|
|%Receiving Other Loans||4%|
Get into Willamette University
Contact Willamette University
|900 State St
Salem, OR 97301(503) 370-6300
|Financial Aid Office URL|
|Admissions Office URL|
*Data source is the Integrated Postsecondary Education Data System (IPEDS) the data collection program for the National Center for Education Statistics