Students can avail of scholarships provided by the college, such as Chargers Scholarship, NEEBC Scholarship Award, Presidential Scholarship, and Wesson Honors Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that almost every student at CSC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $3,997,486. Notably, a total of 34% of the applicants to Colby-Sawyer College receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 34% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,821, while the same comes to $1,516 for State Grant receivers and $29,046 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,473. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CSC, an estimated number of 80% of the applicants choose to go for student loans.