It is interesting to note that almost every student at CSM receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $4,730,654. For additional information about financial assistance schemes, one can head over to CSM’s financial aid page at http://www.csm.edu/admissions/paying-college-tuition-and-financial-aid-information. Notably, a total of 38% of the applicants to College of Saint Mary receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 38% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,594, the State Grant receivers and Institution Grant beneficiaries get $1,200 and $13,498, respectively. And, for the Pell Grant awardees, the average aid amount is $4,728. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $22,417 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $21,939 and $22,516, respectively. Those with an annual income level of $75,001-$110,000 would receive $19,921, while candidates with more than $110,000 of family income receive an average federal aid of $18,174. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 58% of the applicants to College of Saint Mary opt for student loans.