Such schemes include T.H. Bell Teaching Incentive Loan and Western Undergraduate Exchange. It is interesting to note that, every year, around 92% of students at DSU receive some kind of financial aid, while the total amount of assistance/loans provided is $13,625,324. At DSU, the total percentage of applicants who receive the Federal Grant stands at 38%. In comparison, 84% of the students are awarded the Student Grant, 17% get the Institution Grant, and 38% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,478, and the same stands at $3,841 for State Grant awardees and $2,949 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,785. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At DSU, an estimated number of 31% of the applicants choose to go for student loans.