Such schemes include Access to Better Learning and Education Grant Program (ABLE), Carlos Albizu University -- Miami Bright Futures Scholarships, Carlos Albizu University -- Miami Incentive Scholarship Program, and Florida Bright Futures Scholarship Program. As many as 94% of the students at CAUSJ get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,984,491 in a year. The total percentage of candidates applying to Carlos Albizu University-San Juan who receive the Federal Grant is 82%. In comparison, 82% of the students get the Student Grant, and 81% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $6,977. 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. 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. Every year, around 90% of the applicants to Carlos Albizu University-San Juan opt for student loans.