It is interesting to note that, every year, around 93% of students at GSU receive some kind of financial aid, while the total amount of assistance/loans provided is $86,548,122. The total percentage of candidates applying to Georgia State University who receive the Federal Grant is 53%. In comparison, 92% of the students are awarded the Student Grant, 22% get the Institution Grant, and 53% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,088, and the same stands at $6,990 for State Grant awardees and $6,271 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,667. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 48% of the applicants to Georgia State University opt for student loans.