Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $7,967,307. One can visit CUI's financial aid page at http://www.cui.edu/studentlife/financial-aid/ for more information. At CUI, the total percentage of applicants who receive the Federal Grant stands at 32%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 32% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,635, and the same stands at $7,409 for State Grant awardees and $19,026 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,531. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $27,260 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $26,965, while those falling in the $48,001-$75,000 income category get $25,796 a year. Those with an annual income level of $75,001-$110,000 would receive $22,453, while candidates with more than $110,000 of family income receive an average federal aid of $17,437. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 Concordia University-Irvine, the percentage of candidates who opt to avail of student loans is around 64%.