Such schemes include Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, City University of New York, Lehman College - Achievement and Investment in Merit Scholarship, and Jeanette K. Watson Fellowship. As many as 92% of the students at CLC get some sort of financial aid, and the total amount of assistance/loans provided is more than $13,607,547 in a year. For additional information about financial assistance schemes, one can head over to CLC’s financial aid page at http://www.lehman.edu/financial-aid. At CLC, the total percentage of applicants who receive the Federal Grant stands at 76%. Meanwhile, 89% of the applicants receive the Student Grant and 1% are awarded the Institution Grant, while 76% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,469, the State Grant receivers and Institution Grant beneficiaries get $6,037 and $5,113, respectively. And, for the Pell Grant awardees, the average aid amount is $4,854. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At CLC, an estimated number of 4% of the applicants choose to go for student loans.