Federal financial aid is hugely important to U.S. colleges. In fact, universities received more than $101 billion from the government in 2014.

Wyoming Catholic College, however, is not one of them. The college is making a bold statement by opting out of any financial aid programs funded by the U.S. government.

The president of WCC, Dr. Kevin Roberts, explained on "Fox and Friends Weekend" that they believe that the government would prefer to interfere in their Catholic beliefs rather than allow them to receive the funds, help their students and maintain their Catholic identity.

Roberts said that his university loves all people and has charity towards all, but they would have problems with the admissions and employment of transgender individuals or people with a same-sex sexual orientation.

If the college accepted federal money, they could be forced to compromise those beliefs.

"We believe that in order to maintain church teaching on those principles that we ought not to have strings attached to the federal money," Roberts said. "It simply doesn't square with the college that we have founded in Wyoming."

He revealed that the institution is looking at alternative forms of aid - such as self-funded student loans and merit-based and need-based scholarships - but it is leaving more than $700,000 on the table by not participating in the federal programs.

"That's what principle looks like," Tucker Carlson remarked.

Watch the "Fox and Friends Weekend" clip above.

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