University of Wisconsin-Eau Claire Financial Aid and Scholarships
Students Receiving Aid
48%
Total Aid Amount
$25.471M
Financial Aid Official Website
www.uwec.edu/tuition-financial-aid/financial-aid/
Among them are scholarship programs such as Academic Excellence Scholarship, Al Peterson Memorial Scholarship, Blugold Fellowship, and Chancellor's Scholarship. Notably, 81% of the students at University of Wisconsin-Eau Claire get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $31,399,354. The total percentage of candidates applying to University of Wisconsin-Eau Claire who receive the Federal Grant is 26%. In comparison, 62% of the students are awarded the Student Grant, 42% get the Institution Grant, and 25% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,738, the State Grant receivers and Institution Grant beneficiaries get $2,086 and $1,405, respectively. And, for the Pell Grant awardees, the average aid amount is $4,120. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At UWEC, an estimated number of 56% of the applicants choose to go for student loans.