Such schemes include Academic Excellence Scholarship, Academic Leadership Nonresident Fee Remission, David L. Gasser Memorial Scholarship, and Frank and Hildegarde Goodrich Family Scholarship. It is interesting to note that, every year, around 76% of students at UWW receive some kind of financial aid, while the total amount of assistance/loans provided is $38,748,040. At UWW, the total percentage of applicants who receive the Federal Grant stands at 31%. On the other hand, 54% of the candidates get the Student Grant, 16% receive the Institution Grant, and 31% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,547, and the same stands at $2,105 for State Grant awardees and $1,936 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,205. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At UWW, an estimated number of 56% of the applicants choose to go for student loans.