Such schemes include Athletic Award, Bucknell University - National Merit Scholarship, Campus Enrichment Scholarship, and Carnegie Dartlet $10,000 Scholarship. Notably, 59% of the students at Bucknell University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $7,314,148. Notably, a total of 10% of the applicants to Bucknell University receive the Federal Grant every year. In comparison, 52% of the students are awarded the Student Grant, 51% get the Institution Grant, and 10% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,831, and the same stands at $3,665 for State Grant awardees and $32,168 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,463. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Bucknell University, the percentage of candidates who opt to avail of student loans is around 32%.