Among them are scholarship programs such as Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Bard College - Achievement and Investment in Merit Scholarship, and Human Rights Summer Internship Program. Notably, 75% of the students at Bard College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,710,115. More information regarding the financial assistance schemes can be accessed on BC’s official financial aid page at http://www.bard.edu/financialaid/. Notably, a total of 24% of the applicants to Bard College receive the Federal Grant every year. In comparison, 72% of the students are awarded the Student Grant, 71% get the Institution Grant, and 24% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,495, the State Grant receivers and Institution Grant beneficiaries get $3,830 and $43,130, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,746. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $53,841 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $54,664 and $42,062, respectively. On the other hand, the average federal aid stands at $40,098 for those with an annual family income between $75,001 and $110,000, and at $30,007 for an income more than $110,000. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Bard College, the percentage of candidates who opt to avail of student loans is around 52%.