Wisconsin Lutheran College (WLC) Financial Aid and Scholarships
Students Receiving Aid
92%
Total Aid Amount
$16.351M
Financial Aid Official Website
wlc.edu/financial-aid/
Among them are scholarship programs such as Academic Excellence Scholarship, Academic Scholarship, David L. Gasser Memorial Scholarship, and Music Scholarship. It is interesting to note that almost every student at WLC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $5,078,763. At WLC, the total percentage of applicants who receive the Federal Grant stands at 30%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 30% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,124, the State Grant receivers and Institution Grant beneficiaries get $3,156 and $18,357, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,985. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At WLC, an estimated number of 77% of the applicants choose to go for student loans.
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