$4,955

Avg. Federal Grant

$6,064

Avg. Federal Loan

$132,824,777

Total Aid Awarded

University of Wisconsin - Madison (UW) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

42%

Total Aid Amount Average Total Aid Awarded per year.

$132.825M

Financial Aid Official Website

https://financialaid.wisc.edu/

Students can avail of scholarships provided by the university, such as Academic Excellence Scholarship, Chick Evans Caddie Scholarship, David L. Gasser Memorial Scholarship, and Frank and Hildegarde Goodrich Family Scholarship, if they find educational expenses to be on the higher side. As many as 61% of the students at UWM get some sort of financial aid, and the total amount of assistance/loans provided is more than $56,544,539 in a year. More information regarding the financial assistance schemes can be accessed on UWM’s official financial aid page at https://financialaid.wisc.edu/. At UWM, the total percentage of applicants who receive the Federal Grant stands at 14%. In comparison, 49% of the students are awarded the Student Grant, 34% get the Institution Grant, and 14% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,178, while the same comes to $2,427 for State Grant receivers and $8,786 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,535. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At UWM, an estimated number of 31% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

15%

State Grant Aid

14%

Institution Grant Aid

34%

Pell Grant

14%

Average Aid Awarded

Federal Grant Aid

$4,955

State Grant Aid

$2,433

Institution Grant Aid

$8,518

Pell Grant

$4,378

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$20,052

$30,001 - $48,000

$17,913

$48,001 - $75,000

$10,887

$75,001 - $110,000

$3,804

Over $110,000

$980

Student Loans for University of Wisconsin - Madison (UW)

Average Loan Amount Average Loan Amount received per year.

$8,260/Year

Students Taking Out Loans

34%

Loan Default Rate

1.3%

Other Colleges In Wisconsin

Other Colleges In Madison