For every $1 in state grants, students at WAICU-member colleges and universities receive $20 in institutional grants.
It is estimated that any increases in financial aid targeted at students below the 45th percentile of parental income will be be self-financing through future tax revenue.
A college degree is the surest way to ensure personal financial security. The average annual earnings of working aged adults (25-59) with a college degree ($62,000) are significantly higher than those of a high school graduate ($36,000).
Thirty percent of students at Wisconsin’s private, nonprofit colleges and universities come from low-income households, compared to 24 percent at public universities in Wisconsin.
In order to achieve Wisconsin’s goal of a 60 percent attainment rate by 2027, it is essential to provide opportunities to individuals who may not otherwise be able to pursue higher education.