Financial Aid
I know it's hard to believe, but the price of attending a Wisconsin private college or university is actually dropping—for the third year in a row.
Our financial aid is generous. In 2008-2009 (the latest year for which comparable statistics are available), our average freshman financial aid package was $18,478 (71% grants and 29% loans), leaving out-of-pocket tuition costs of just $4,737 -- about $500 less than the previous year.
Going to college is an investment in your future. With a bachelor's degree, you'll make about $26,000 a year more than someone with only a high school diploma. During your career, that means you could make an extra $910,000 by finishing college.
Financial aid falls into the following categories:
- Scholarships and grants are money that you do not have to repay.
- Loans are additional funds that you must repay, but in most cases, payments won’t start until you finish college.
- Work-study is money you can earn while working on campus. You do not have to repay those funds because you are working to earn the funds.
Private college is affordable:
Tuition - Financial Aid = "Net Tuition"
Net tuition is the out-of-pocket cost paid by students and their families to attend a Wisconsin private college.
In addition to the net tuition, students must pay for books and room and board; these costs are roughly comparable in the public and private sectors.