Notably, 76% of the students at California State University-Chico get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $41,593,615. For additional information about financial assistance schemes, one can head over to CSUC’s financial aid page at http://www.csuchico.edu/fa/. The total percentage of candidates applying to California State University-Chico who receive the Federal Grant is 44%. Meanwhile, 67% of the applicants receive the Student Grant and 39% are awarded the Institution Grant, while 43% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,133, and the same stands at $2,652 for State Grant awardees and $5,601 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,811. 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. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CSUC, an estimated number of 46% of the applicants choose to go for student loans.