Among them are scholarship programs such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. 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 $7,852,361. At CUT, the total percentage of applicants who receive the Federal Grant stands at 42%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 42% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $6,431, the State Grant receivers and Institution Grant beneficiaries get $4,094 and $16,146, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,775. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Concordia University Texas, the percentage of candidates who opt to avail of student loans is around 71%.