It is interesting to note that, every year, around 96% of students at BSC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,564,692. The total percentage of candidates applying to Bluefield State College who receive the Federal Grant is 64%. On the other hand, 93% of the candidates get the Student Grant, 33% receive the Institution Grant, and 57% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,428, while the same comes to $3,712 for State Grant receivers and $1,387 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,757. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Bluefield State College, the percentage of candidates who opt to avail of student loans is around 39%.