Among them are scholarship programs such as Alumni Award for Leadership and Talent, Battelle Scholarship, Carnegie Dartlet $10,000 Scholarship, and Community Service Scholarship for Multicultural Students. It is interesting to note that, every year, around 97% of students at DU receive some kind of financial aid, while the total amount of assistance/loans provided is $6,082,945. Notably, a total of 21% of the applicants to Denison University receive the Federal Grant every year. In comparison, 96% of the students are awarded the Student Grant, 96% get the Institution Grant, and 21% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,943, while the same comes to $2,850 for State Grant receivers and $28,911 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,932. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. Every year, around 40% of the applicants to Denison University opt for student loans.