Among them are scholarship programs such as Joseph P. Gavenonis Scholarship, Ohio College Opportunity Grant, and Technology Scholarship. Notably, 98% of the students at Chestnut Hill College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $7,844,330. More information regarding the financial assistance schemes can be accessed on CHC’s official financial aid page at http://www.chc.edu/undergraduate/financial_aid/. The total percentage of candidates applying to Chestnut Hill College who receive the Federal Grant is 48%. In comparison, 98% of the students are awarded the Student Grant, 91% get the Institution Grant, and 48% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,959, while the same comes to $3,704 for State Grant receivers and $20,424 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,578. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $27,190 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $29,610, while those falling in the $48,001-$75,000 income category get $26,130 a year. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $22,573. And, for those with a family income of more than $110,000, the amount stands at $21,362. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Chestnut Hill College, the percentage of candidates who opt to avail of student loans is around 91%.