Notably, 95% of the students at Denmark College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,207,440. The total percentage of candidates applying to Denmark College who receive the Federal Grant is 84%. On the other hand, 84% of the candidates get the Student Grant, while 84% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,711. 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. 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. Every year, around 91% of the applicants to Denmark College opt for student loans.