As many as 39% of the students at FIU get some sort of financial aid, and the total amount of assistance/loans provided is more than $94,368 in a year. One can visit FIU's financial aid page at http://faithseminary.edu/admissions/federal-financial-aid/ for more information. The total percentage of candidates applying to Faith International University who receive the Federal Grant is 28%. In comparison, 28% of the students are awarded the Student Grant, 28% get the Institution Grant, and 28% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $1,528. 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. 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. At FIU, an estimated number of 22% of the applicants choose to go for student loans.