Such schemes include 1825 Scholars Scholarship, Dean's Scholarship, Nancy M. Christian Scholarship, and Presidential Scholarship. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,375,376. For additional information about financial assistance schemes, one can head over to CCL’s financial aid page at http://www.centenary.edu/fa. At CCL, the total percentage of applicants who receive the Federal Grant stands at 37%. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 37% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,097, the State Grant receivers and Institution Grant beneficiaries get $6,005 and $32,506, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,827. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $31,030 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $28,664 and $32,601, respectively. Those with an annual income level of $75,001-$110,000 would receive $24,829, while candidates with more than $110,000 of family income receive an average federal aid of $23,363. 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. Candidates are also required to repay these loans within a given period. At CCL, an estimated number of 68% of the applicants choose to go for student loans.