by our College Data Analytics TeamThe total cost of attendance at University of Wisconsin - Madison can seem overwhelming, but remember that the majority of students receive some sort of financial assistance. This could be in the form of scholarships, grants, work-study, or loans.
Curious about the financial aid opportunities at UW - Madison and what you may be eligible for? Explore the answers here.
$12,307.00 is the typical University of Wisconsin - Madison’s first year financial aid package. Financial aid is provided to about 58% of first-year students, with the bulk of support coming in the form of grants and scholarships.
A financial aid package includes loans, grants, and scholarships. However, student loans have to be paid back, so they aren’t a true discount.
A college loan is not a true college discount, but rather an outcome to consider. Find out how much student loan debt from University of Wisconsin - Madison you may end up taking on.
Colleges and universities offer institutional scholarships and grants as financial assistance to help students cover tuition fees and other educational costs. These awards, which do not require repayment, can be merit-based or need-based. Merit-based institutional scholarships recognize students who have exceptional academic records, special talents, or skills in particular areas. Eligibility for these scholarships often depends on factors such as a student’s high school performance, standardized test scores, or involvement in extracurricular activities. In contrast, need-based institutional grants are designed for students who show financial need. The amount awarded usually depends on the student’s family’s financial condition and aims.
The next numbers refer to grants and scholarships mainly supplied by the college itself.
31% of incoming freshmen (2306 total) were given scholarships at University of Wisconsin - Madison, averaging $11,630.00 per student. This puts it the top 25th percentile among colleges and universities nationwide.
In addition to scholarships, 15% of freshman students (1155 total) obtained federal grant aid, averaging $5,158.00 a piece.
The following table displays scholarship and grant allocations by family income for freshman students receiving any kind of federal Title IV assistance, such as Federal PLUS loans.
| Income Level | Percent of Freshman | Average Assistance |
|---|---|---|
| Income 0-30k | 2.93% | $22,412.00 |
| Income 30k-48k | 3.05% | $21,605.00 |
| Income 48k-75k | 4.06% | $16,029.00 |
| Income 75k-110k | 2.64% | $4,016.00 |
| Income 110k + | 2.35% | $957.00 |
The table above displays undergrads who are getting Title IV aid, federal aid from the government including loans, grants or work-study. Learn more here.
Of the 7534 undergraduate students at University of Wisconsin - Madison around 58% (3528 total) receive some form of grant aid. The typical amount awarded was $12,307.00.
Check out the Tuition and Fees page or the Cost Per Credit Hour page to find out more.
References
More about our data sources and methodologies.