Scholarships, Grants, and Loan Trends at U of Wisconsin-Madison

Over the past 10 years (2013-2022), the average number of students who received grants aid/scholarships is 13,885, which is 43.44 % of all undergraduate students. 9,502 students which is 30.22% of undergraduate students received federal student loans and the average loan amount is $6,505.
For full-time, first-time beginning students (freshmen), 49.89% of students received grants or scholarships and 33% of students received student loans.

All Undergraduate Students Financial Aid Over Time

The following table and chart show the trends of financial aid for all undergraduate students at University of Wisconsin-Madison since 2013.
For that period, the average number of students who received grants aid/scholarships is 13,885, which is 43.44 % of all undergraduate students. 9,502 students which is 30.22% of undergraduate students received federal student loans and the average loan amount is $6,505.
YearGrant or Scholarship*Pell GrantsFederal Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-1413,334 (43%)$8,0364,677 (15%)$3,96211,113 (36%)$6,890
2014-1512,963 (42%)$8,6924,439 (14%)$3,99810,708 (35%)$6,668
2015-1612,648 (41%)$9,0944,192 (14%)$4,02510,431 (34%)$6,676
2016-1712,557 (41%)$9,3493,891 (13%)$4,07810,180 (33%)$6,698
2017-1813,300 (42%)$9,9874,429 (14%)$4,1619,927 (32%)$6,999
2018-1913,334 (42%)$10,5084,584 (14%)$4,5359,297 (29%)$6,082
2019-2013,679 (42%)$11,6094,655 (14%)$4,5918,614 (27%)$6,196
2020-2116,389 (50%)$11,3874,891 (15%)$4,7617,801 (24%)$6,175
2021-2216,758 (48%)$12,7575,167 (15%)$4,8477,445 (22%)$6,157
Average13,885 (43.44%)$10,1584,547 (14.22%)$4,3299,502 (30.22%)$6,505

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

For the last 10 years, on average, 3,434 (49.89 % of students) received grants or scholarships and its average amount is $8,225. It can cover 20.26% of tuition & fees ($40,603) based on out-of-state rate.
In addition, 2,226 (32.89 % of students) students get helped from the students loans (average amount : $8,113).
Year Grants or Scholarships*Student Loans
Number Received (percent**)Average AmountNumber Received (percent**)Average Amount
2013-143,291 (52%)$6,2732,458 (39%)$7,400
2014-153,207 (51%)$5,9992,468 (40%)$7,294
2015-163,193 (51%)$6,4612,244 (36%)$7,582
2016-173,101 (48%)$6,7332,339 (36%)$7,813
2017-183,282 (50%)$8,0632,244 (34%)$8,260
2018-193,365 (49%)$8,3242,112 (31%)$8,094
2019-203,528 (47%)$10,0712,003 (27%)$8,478
2020-213,938 (54%)$10,9321,993 (27%)$8,800
2021-224,001 (47%)$11,1712,172 (26%)$9,299
Average3,434 (49.89%)$8,2252,226 (32.89%)$8,113
*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. For the last 10 years, on average, 968 (13.78 % of students) received Pell (federal) grants and its average amount is $4,440.
In addition, 1,028 students received State/local government grants/scholarships (14.89 % of students).
Year Federal (Pell) GrantsOther Federal State/Local governmentInstitutional
Number Received (percent)Average AmountNumber Received (percent)Average Amount Number Received (percent)Average AmountNumber Received (percent)Average Amount
2013-14907 (14%)$4,155488 (8%)$1,0841,086 (17%)$1,9392,297 (36%)$6,200
2014-15780 (12%)$4,118401 (6%)$1,407946 (15%)$1,9812,201 (35%)$6,173
2015-16771 (12%)$4,217404 (6%)$1,054807 (13%)$2,2412,165 (35%)$6,995
2016-17754 (12%)$4,092378 (6%)$1,266796 (12%)$2,3132,015 (31%)$7,679
2017-18953 (14%)$4,378531 (8%)$1,240950 (14%)$2,4332,268 (34%)$8,518
2018-19946 (14%)$4,546516 (8%)$1,2991,037 (15%)$2,4272,336 (34%)$8,786
2019-201,081 (14%)$4,753698 (9%)$1,1751,048 (14%)$2,6302,306 (31%)$11,630
2020-211,251 (17%)$4,8071,886 (26%)$1,4711,275 (18%)$2,6442,426 (33%)$12,734
2021-221,269 (15%)$4,8932,032 (24%)$2,7251,311 (16%)$2,7362,437 (29%)$12,048
Average968 (13.78%)$4,440815 (11.22%)$1,4131,028 (14.89%)$2,3722,272 (33.11%)$8,974
*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 describes number of students and average amount of loans by loan type. The following table shows the trends of grants or scholarships over time.
For the last 10 years, on average, 2,226 (32.89 % of students) get any students loan help and its average loan amount is $2,226.
YearTotalFederal student loansOther student loans
Number Received (percent)Average AmountNumber Received (percent)Average AmountNumber Received (percent)Average Amount
2013-142,458 (39%)$7,4002,356 (37%)$5,852407 (6%)$10,814
2014-152,468 (40%)$7,2942,389 (38%)$5,690396 (6%)$11,131
2015-162,244 (36%)$7,5822,149 (34%)$5,749396 (6%)$11,766
2016-172,339 (36%)$7,8132,271 (35%)$5,731414 (6%)$12,703
2017-182,244 (34%)$8,2602,201 (33%)$6,064375 (6%)$13,831
2018-192,112 (31%)$8,0942,043 (30%)$5,170428 (6%)$15,262
2019-202,003 (27%)$8,4781,914 (25%)$5,138455 (6%)$15,710
2020-211,993 (27%)$8,8001,902 (26%)$5,175465 (6%)$16,550
2021-222,172 (26%)$9,2992,084 (25%)$5,191494 (6%)$18,988
Average2,226 (32.89%)$8,1132,145 (31.44%)$5,529426 (6.00%)$14,084
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