Such schemes include Academic Excellence Scholarship, David L. Gasser Memorial Scholarship, Frank and Hildegarde Goodrich Family Scholarship, and Midwest Student Exchange Program. Notably, 84% of the students at University of Wisconsin-Green Bay get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $20,128,622. The total percentage of candidates applying to University of Wisconsin-Green Bay who receive the Federal Grant is 34%. Meanwhile, 67% of the applicants receive the Student Grant and 19% are awarded the Institution Grant, while 34% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,577, and the same stands at $2,097 for State Grant awardees and $3,237 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,110. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At University of Wisconsin-Green Bay, the percentage of candidates who opt to avail of student loans is around 52%.