As many as 84% of the students at BU get some sort of financial aid, and the total amount of assistance/loans provided is more than $21,466,269 in a year. More information regarding the financial assistance schemes can be accessed on BU’s official financial aid page at http://www.bellevue.edu/admissions-tuition/financing-options/financial-aid. At BU, the total percentage of applicants who receive the Federal Grant stands at 49%. In comparison, 79% of the students are awarded the Student Grant, 54% get the Institution Grant, and 49% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,264, while the same comes to $767 for State Grant receivers and $7,249 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,017. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Students whose family income per annum is less than $30,000 will receive a federal aid of $6,515 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,477 and $2,967, respectively. Those with an annual income level of $75,001-$110,000 would receive $3,525, while candidates with more than $110,000 of family income receive an average federal aid of $763. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 40% of the applicants to Bellevue University opt for student loans.