As many as 98% of the students at CSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $14,776,655 in a year. The total percentage of candidates applying to Chicago State University who receive the Federal Grant is 88%. On the other hand, 98% of the candidates get the Student Grant, 44% receive the Institution Grant, and 88% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,161, while the same comes to $3,906 for State Grant receivers and $12,047 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,898. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. Every year, around 95% of the applicants to Chicago State University opt for student loans.