Students can avail of scholarships provided by the university, such as Anthony Munoz Foundation Scholarship Fund, Dr. Allen Smith Memorial Scholarship, Education Foundation Scholarship, and Educational Assistance Commitment Grant, if they find educational expenses to be on the higher side. Notably, 97% of the students at Central State University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $11,875,000. At CSU, the total percentage of applicants who receive the Federal Grant stands at 81%. On the other hand, 81% of the candidates get the Student Grant, 79% receive the Institution Grant, and 81% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,913, while the same comes to $463 for State Grant receivers and $1,396 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $1,614. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Central State University, the percentage of candidates who opt to avail of student loans is around 72%.