Financial Aid Programs

Eligibility Requirements

Most financial aid programs are based on financial need. This is demonstrated by applying a federal need analysis formula to the student and family financial information provided on the Free Application for Federal Student Aid (FAFSA). Exceptions to the financial need requirement include the Wisconsin Academic Excellence scholarship, Counselor’s Choice scholarships, Return to Wisconsin scholarships, some UW-L Foundation scholarships, Federal Unsubsidized Stafford Loans and Federal Parent Plus loans.

Admission to the university is a prerequisite to consideration for financial aid. Special non-degree students are not eligible for aid unless they are working toward an approved license or certificate.   

  Students must demonstrate satisfactory academic progress in order to receive aid. Several other federal and state requirements need to be met in order to receive financial aid. These include proper citizenship status, registration with the Selective Service System, and not being in default on any federal student loan.

Application Procedures

All financial aid applicants must file the Free Application for Federal Student Aid (FAFSA) at www.fafsa.ed.gov. File the FAFSA by March 15 for priority consideration, although applications are accepted throughout the academic year. A paper version of the FAFSA is available from available by calling 1.800.433.3243 or selecting “FAFSA filing options’ at www.federalstudentaid.ed.gov.ed.gov

Applicants also must submit the UW-L Financial Aid Information Form (FAIF) to the Financial Aid Office. The FAIF is available at www.uwlax.edu/finaid or from the Financial Aid Office.

Students whose application is selected for verification by the United States Department of Education or the Financial Aid Office will be required to submit student and parent federal income tax returns to the Financial Aid Office. Other documents may also be required.

Notification Dates

Students who complete their application by the March 15 priority date can expect to receive a financial aid offer by July 15. Students who complete their application after March 15 will receive a financial aid offer as soon as possible after July 15. Applications received after June 1 may not be processed in time for students to receive their aid by the start of the fall semester. These students should be prepared to pay their initial expenses from their own resources.

Financial Aid Programs

Federal Pell Grant
These need based grants are available to qualified undergraduate students.

Federal Supplemental Educational Opportunity Grant
These need based grants are available to qualified undergraduate students.

Federal Academic Competitiveness Grant
These need based grants are available to qualified fulltime first or second year undergraduate students who have completed a rigorous high school program, are eligible for a Federal Pell Grant, maintain fulltime enrollment and at least a 3.0 grade point average (GPA).

Federal National Science and Mathematics Access to Retain Talent (SMART) Grant
These need based grants are available to qualified fulltime third and fourth year undergraduate students pursuing a major in mathematics, science, technology, engineering, or a critical foreign language, who are eligible for a Federal Pell Grant, maintain at least a 3.0 GPA.

Wisconsin Higher Education Grant
These need-based grants are available to qualified undergraduate students who are Wisconsin residents.

Talent Incentive Program Grant
These need-based grants are available to qualified undergraduate students who are Wisconsin residents and demonstrate exceptional financial need.

Fund for Wisconsin Scholarships
 
These need-based grants are available to select group of qualified lower income undergraduate students who are recent graduates of Wisconsin public high schools.

Return to Wisconsin Scholarships
 
These scholarships provide a 25% discount of nonresident tuition to children and grandchildren of UW-L graduates.

Non-Resident Fee Waivers
 
These need-based grants are available to residents of states other than Wisconsin and Minnesota.

Wisconsin GI Bill tuition Waiver
 
This program is available to eligible veterans who entered active duty as a Wisconsin resident. or spouse or dependent of a deceased or disabled eligible veteran.

Wisconsin Study Abroad Grant
These need-based grants are available to Wisconsin residents who study abroad through the UW-L Office of International Education.

Wisconsin Academic Excellence Scholarship
This program is available to top students at Wisconsin high schools. The program is administered by local school boards, the Wisconsin Department of Public Instruction and the Wisconsin Higher Educational Aids Board.

Counselors Choice Scholarships
These scholarships are available to new ethnic minority freshmen from Wisconsin and Minnesota and are administered by the UW-L Admissions Office. All qualified students will automatically be considered so no application is necessary.

Lawton Undergraduate Minority Retention Grant
These grants are available to statutorily defined ethnic minority sophomores, juniors and seniors who are in good standing academically and are residents of Wisconsin or Minnesota.

Native American Indian Grants (Federal/Tribal/Wisconsin)
Native American students should file an application with their tribe.

Foreign Student Scholarships
These partial nonresident fee waivers are available to qualified international students. International students should file an application with the Office of International Education.

Academic Initiative Awards
These programs are student funded and offer funds to international students and students studying abroad. Students should file an application with the Office of International Education. Submission of a services plan does not necessarily guarantee that the student will receive an Academic Initiative Award.

Federal Stafford Loan Subsidized
This loan is available to students who demonstrate financial need. Students borrow from a private bank, credit union or savings and loan association but the federal government pays the interest while the student is in school and until six months thereafter. Interest is at a fixed rate. Repayment begins six months after the student ceases to be at least a half-time student.

Federal Stafford Loan Unsubsidized
This loan is available to students who do not demonstrate financial need as a result of filing the FAFSA. The terms are the same as the Federal Stafford Loan - Subsidized except that the student is responsible for all interest charges from the date of disbursement of the loan forward. Interest is at a fixed rate of 6.8 percent.

Federal Perkins Loan
This need-based loan is available to qualified students who demonstrate exceptional financial need. The loan is interest-free as long as the student is at least a halftime student. Repayment begins nine months after the student ceases halftime enrollment. Limited funding.

Federal Parent PLUS Loan
Parents of dependent undergraduate students are eligible to borrow from private lenders (banks, credit unions and savings and loan associations) under this program. To apply, visit www.uwlax.edu/finaid.

Emergency Short Term Loan
These loans are for emergency purposes only. The applicant must have completed at least one semester at UW-L, be in good academic standing and be a fulltime student. Apply at the Student Financial Aid Office.

Federal Work-study Program
This need-based program provides on-campus and off-campus employment to qualified students. Students who do not qualify for Federal Work-Study can work on campus on the regular student help payroll. These students should apply at academic departments and administrative units. Students can also search for off-campus jobs in the private sector at the Financial Aid Office Web site at www.uwlax.edu/finaid.

UW-L Scholarships

The UW-L Foundation awards several hundred scholarships each year to incoming freshmen and continuing students. For more information or an application, go to

www.foundation.uwlax.edu/sch.html

or contact the UW-L scholarship coordinator at (608)785-6803.

Private Scholarships

Students may want to search for private scholarships on the Internet at www.uwlax.edu/finaid/scholarships.html. These private nonprofit resources maintain large databases of private scholarships and do not charge for information.