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.
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