Such schemes include Carl S. Micarelli Memorial Scholarship, Chancellor's Award, Joseph P. Gavenonis Scholarship, and Laval Award. It is interesting to note that almost every student at DU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $23,982,466. The total percentage of candidates applying to Duquesne University who receive the Federal Grant is 20%. On the other hand, 100% of the candidates get the Student Grant, 100% receive the Institution Grant, and 20% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,871, while the same comes to $3,351 for State Grant receivers and $21,357 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,337. 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. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Duquesne University, the percentage of candidates who opt to avail of student loans is around 66%.