Among them are scholarship programs such as Academic Excellence Scholarship, David L. Gasser Memorial Scholarship, Frank and Hildegarde Goodrich Family Scholarship, and NTA La Macchia Family Scholarship. As many as 89% of the students at UWRF get some sort of financial aid, and the total amount of assistance/loans provided is more than $18,956,016 in a year. At UWRF, the total percentage of applicants who receive the Federal Grant stands at 28%. On the other hand, 72% of the candidates get the Student Grant, 45% receive the Institution Grant, and 28% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,334, while the same comes to $2,020 for State Grant receivers and $1,543 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,084. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 61% of the applicants to University of Wisconsin-River Falls opt for student loans.