Such schemes include Adirondack Scholars Award, Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, and Carnegie Dartlet $10,000 Scholarship. It is interesting to note that almost every student at CU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $13,469,238. For additional information about financial assistance schemes, one can head over to CU’s financial aid page at https://www.clarkson.edu/student-administrative-services-sas/financial-aid. At CU, the total percentage of applicants who receive the Federal Grant stands at 25%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 25% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,376, and the same stands at $3,009 for State Grant awardees and $35,271 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,345. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $48,032 in a year. The average aid amount stands at $41,099 for an annual family income between $30,001 and $48,000. This amount comes to $37,283 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $32,155, while candidates with more than $110,000 of family income receive an average federal aid of $26,699. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CU, an estimated number of 73% of the applicants choose to go for student loans.