It is interesting to note that almost every student at DC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $773,383. Notably, a total of 81% of the applicants to Davis College receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 88% receive the Institution Grant, and 81% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,097, the State Grant receivers and Institution Grant beneficiaries get $5,037 and $6,576, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,821. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 Davis College, the percentage of candidates who opt to avail of student loans is around 81%.