Such schemes include C.G. Fuller Foundation Scholarship, Dr. Robert Howard/WHS Scholarship, Honors College Scholarship, and LinkScholars Program. As many as 97% of the students at CU get some sort of financial aid, and the total amount of assistance/loans provided is more than $13,427,950 in a year. At CU, the total percentage of applicants who receive the Federal Grant stands at 80%. Meanwhile, 96% of the applicants receive the Student Grant and 83% are awarded the Institution Grant, while 80% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,694, while the same comes to $6,010 for State Grant receivers and $6,314 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $5,217. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 88% of the applicants to Claflin University opt for student loans.