Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $13,162,474. Notably, a total of 27% of the applicants to Concordia University-Wisconsin receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 27% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,568, while the same comes to $3,081 for State Grant receivers and $17,252 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,954. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Concordia University-Wisconsin, the percentage of candidates who opt to avail of student loans is around 64%.