As many as 64% of the students at CLCVN get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,036,514 in a year. More information regarding the financial assistance schemes can be accessed on CLCVN’s official financial aid page at http://www.casalomacollege.edu. At CLCVN, the total percentage of applicants who receive the Federal Grant stands at 64%. Meanwhile, 64% of the applicants receive the Student Grant, while 64% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,444. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $6,115 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $4,011 and $4,466, respectively. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Casa Loma College-Van Nuys, the percentage of candidates who opt to avail of student loans is around 64%.