As many as 98% of the students at MWSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $13,913,252 in a year. One can visit MWSU's financial aid page at https://www.missouriwestern.edu/finaid for more information. At MWSU, the total percentage of applicants who receive the Federal Grant stands at 51%. On the other hand, 94% of the candidates get the Student Grant, 77% receive the Institution Grant, and 51% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,062, the State Grant receivers and Institution Grant beneficiaries get $2,174 and $5,027, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,759. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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. Every year, around 56% of the applicants to Missouri Western State University opt for student loans.