Students can avail of scholarships provided by the university, such as C.G. Fuller Foundation Scholarship, Charleston Southern University - Tuition Waiver Exchange Program, Church-related Vocation Scholarship, and International Missionary Dependent Award, if they find educational expenses to be on the higher side. Notably, 99% of the students at Charleston Southern University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $11,867,837. The total percentage of candidates applying to Charleston Southern University who receive the Federal Grant is 40%. Meanwhile, 99% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 40% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,859, and the same stands at $6,852 for State Grant awardees and $14,161 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,266. 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. Candidates are also required to repay these loans within a given period. At Charleston Southern University, the percentage of candidates who opt to avail of student loans is around 55%.