Among them are scholarship programs such as Academic Excellence Scholarship, David L. Gasser Memorial Scholarship, Frank and Hildegarde Goodrich Family Scholarship, and Midwest Student Exchange Program. As many as 78% of the students at UWLC get some sort of financial aid, and the total amount of assistance/loans provided is more than $30,396,038 in a year. At UWLC, the total percentage of applicants who receive the Federal Grant stands at 19%. Meanwhile, 56% of the applicants receive the Student Grant and 21% are awarded the Institution Grant, while 19% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,453, the State Grant receivers and Institution Grant beneficiaries get $2,317 and $2,589, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,187. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At University of Wisconsin-La Crosse, the percentage of candidates who opt to avail of student loans is around 55%.