Private College Week, July 11-16, 2011

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Financial Aid

Our financial aid is generous. In 2010-2011 (the latest year for which comparable statistics are available), our average freshman financial aid package was $20,446 (73% grants and 27% loans), leaving out-of-pocket tuition costs of just $4,888.

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 $1 million 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, nonprofit 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.