Financial Aid Trends for Wisconsin Colleges

-1%

Received Percent Changed

$4,749

Received Amount Changes

For the academic year 2023-2024, 72% of students received grants and/or scholarships and its average aid amount is $15,164.

Compared to the percent of received 10 years ago, less students received the financial aid from 72% to 71%. The average financial aid amount has increased from $9,212 to $13,961 at Wisconsin Colleges.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at Wisconsin Colleges since 2014. For that period, the average number of students who received grants aid/scholarships is 114,890, which is 72.11 % of all undergraduate students.

96,546 students which is 60.11% of undergraduate students received federal student loans and the average loan amount: $6,999.

YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-15122,228 (72%)$9,21266,811 (42%)$3,867121,282 (65%)$7,349
2015-16117,284 (70%)$10,10060,254 (38%)$3,884113,851 (64%)$7,254
2016-17115,786 (71%)$10,09955,814 (37%)$3,887108,162 (63%)$7,234
2017-18113,357 (72%)$11,00756,013 (39%)$4,058103,674 (64%)$6,942
2018-19111,630 (72%)$11,86454,179 (37%)$4,13697,612 (61%)$6,968
2019-20109,336 (71%)$12,76650,544 (35%)$4,19892,073 (60%)$6,990
2020-21119,007 (74%)$12,81246,649 (32%)$4,15582,711 (56%)$6,724
2021-22124,255 (76%)$13,80144,154 (32%)$4,29876,043 (55%)$6,748
2022-23101,127 (71%)$13,96142,171 (32%)$4,55473,510 (53%)$6,783
Average114,890 (72.11%)$11,73652,954 (36.00%)$4,11596,546 (60.11%)$6,999
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**percentage of number of students receiving aids among all undergraduate students.

Freshmen (First-time, Full-time Undergraduate) Financial Aid Over Time

Over the past 10 years, on average, 25,441 (84.89 % of students) received grants or scholarships and its average amount is $13,480. It can cover 76.49% of tuition & fees ($17,623) based on out-of-state rate. In addition, 19,515 (65.33 % of students) students get helped from the students loans (average amount : $7,273).

Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2014-1525,286 (83%)$10,59522,638 (71%)$7,232
2015-1625,034 (82%)$11,41921,684 (67%)$7,331
2016-1725,034 (84%)$12,22221,118 (66%)$7,103
2017-1825,221 (84%)$13,05320,788 (66%)$7,183
2018-1925,639 (85%)$13,98220,205 (66%)$7,342
2019-2025,212 (86%)$14,31419,131 (67%)$7,201
2020-2125,698 (87%)$14,53716,480 (63%)$7,410
2021-2227,165 (88%)$15,54116,953 (61%)$7,139
2022-2324,681 (85%)$15,66116,642 (61%)$7,517
Average25,441 (84.89%)$13,48019,515 (65.33%)$7,273
*Grant or scholarship aid includes aid received, from the federal government, state or local government, the institution, and other sources known by the institution.
**Percentage of number of students receiving aids among all undergraduate students.

The following table shows the trends of grants or scholarships over time. Over the past 10 years, on average, 9,711 (41.56 % of students) received Pell (federal) grants and its average amount is $4,411. In addition, 9,677 students received State/local government grants/scholarships (33.78 % of students).

YearFederal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1511,011 (47%)$4,1584,785 (25%)$98810,304 (36%)$2,40015,143 (64%)$8,368
2015-1610,299 (43%)$4,1445,064 (26%)$95810,416 (36%)$2,26815,281 (61%)$8,929
2016-179,850 (41%)$4,1435,353 (26%)$95510,198 (33%)$2,44615,864 (64%)$9,650
2017-1810,464 (44%)$4,3405,497 (27%)$96910,032 (35%)$2,52816,719 (67%)$10,310
2018-1910,293 (43%)$4,3995,656 (25%)$92410,201 (35%)$2,67017,551 (68%)$11,088
2019-209,654 (43%)$4,4846,948 (31%)$9809,336 (34%)$2,78117,860 (68%)$11,357
2020-218,491 (39%)$4,49713,157 (43%)$1,1388,876 (33%)$2,85218,302 (69%)$11,953
2021-228,712 (37%)$4,61417,282 (48%)$1,5988,856 (30%)$2,87818,448 (70%)$12,383
2022-238,626 (37%)$4,9175,409 (25%)$1,0468,872 (32%)$2,97219,763 (73%)$12,781
Average9,711 (41.56%)$4,4117,683 (30.67%)$1,0629,677 (33.78%)$2,64417,215 (67.11%)$10,758

The following table describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time. Over the past 10 years, on average, 19,515 (65.33 % of students) get any students loan help and its average loan amount is $19,515.

YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2014-1522,638 (71%)$7,23222,421 (71%)$6,0973,212 (11%)$9,571
2015-1621,684 (67%)$7,33121,379 (68%)$5,8613,705 (11%)$10,689
2016-1721,118 (66%)$7,10320,818 (66%)$5,6133,627 (11%)$9,841
2017-1820,788 (66%)$7,18320,527 (66%)$5,7213,630 (11%)$9,548
2018-1920,205 (66%)$7,34219,868 (65%)$5,5474,122 (12%)$10,560
2019-2019,131 (67%)$7,20118,778 (66%)$5,4043,846 (12%)$10,917
2020-2116,480 (63%)$7,41016,019 (62%)$5,4803,271 (11%)$11,838
2021-2216,953 (61%)$7,13916,560 (60%)$5,1463,342 (11%)$12,157
2022-2316,642 (61%)$7,51716,150 (59%)$5,3713,298 (12%)$12,503
Average19,515 (65.33%)$7,27319,169 (64.78%)$5,5823,561 (11.33%)$10,847