A significant number of students at AMU receive some kind of financial aid, and the total amount of assistance/loans provided is more than $41,658 in a year. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $2,619. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.