Students can avail of scholarships provided by the university, such as Academic Excellence Scholarship, David L. Gasser Memorial Scholarship, Frank and Hildegarde Goodrich Family Scholarship, and Midwest Student Exchange Program, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 83% of students at UWS receive some kind of financial aid, while the total amount of assistance/loans provided is $26,722,305. One can visit UWS's financial aid page at http://www.uwstout.edu/admissions-aid/paying-college/financial-aid for more information. The total percentage of candidates applying to University of Wisconsin-Stout who receive the Federal Grant is 27%. In comparison, 60% of the students are awarded the Student Grant, 40% get the Institution Grant, and 27% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,576, the State Grant receivers and Institution Grant beneficiaries get $2,351 and $1,514, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,150. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 65% of the applicants to University of Wisconsin-Stout opt for student loans.