$4,605

Avg. Federal Grant

$5,696

Avg. Federal Loan

$20,033,550

Total Aid Awarded

Marian University Wisconsin Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

90%

Total Aid Amount Average Total Aid Awarded per year.

$20.034M

Financial Aid Official Website

https://www.marianuniversity.edu/admission-financial-aid/financial-aid/

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 $6,745,294. At MU, the total percentage of applicants who receive the Federal Grant stands at 46%. In comparison, 93% of the students are awarded the Student Grant, 93% get the Institution Grant, and 46% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,588, and the same stands at $3,295 for State Grant awardees and $13,870 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,469. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 85% of the applicants to Marian University opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

45%

State Grant Aid

45%

Institution Grant Aid

99%

Pell Grant

45%

Average Aid Awarded

Federal Grant Aid

$4,605

State Grant Aid

$3,080

Institution Grant Aid

$13,652

Pell Grant

$4,479

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$21,688

$30,001 - $48,000

$19,988

$48,001 - $75,000

$18,166

$75,001 - $110,000

$15,624

Over $110,000

$12,997

Student Loans for Marian University Wisconsin

Average Loan Amount Average Loan Amount received per year.

$7,215/Year

Students Taking Out Loans

83%

Loan Default Rate

7.1%

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