Among them are scholarship programs such as Joseph P. Gavenonis Scholarship, Ohio College Opportunity Grant, and Technology Scholarship. Interestingly, almost all of the students at CU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $8,127,190 in a year. One can visit CU's financial aid page at http://www.carlow.edu/Financial_Aid_and_Scholarships.aspx for more information. Notably, a total of 51% of the applicants to Carlow University receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 51% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,584, and the same stands at $3,713 for State Grant awardees and $16,703 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,531. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $25,760 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 $27,051 and $23,445, respectively. On the other hand, the average federal aid stands at $19,873 for those with an annual family income between $75,001 and $110,000, and at $15,666 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 89% of the applicants to Carlow University opt for student loans.