As many as 81% of the students at WSULC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,227,330 in a year. More information regarding the financial assistance schemes can be accessed on WSULC’s official financial aid page at http://www.wright.edu/raiderconnect/financial-aid. At WSULC, the total percentage of applicants who receive the Federal Grant stands at 35%. On the other hand, 60% of the candidates get the Student Grant, 33% receive the Institution Grant, and 35% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,765, and the same stands at $3,042 for State Grant awardees and $2,882 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,781. 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. Every year, around 47% of the applicants to Wright State University-Lake Campus opt for student loans.