Among them are scholarship programs such as Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Marie L. Rose Scholarship, and Military Service Recognition Scholarships. Notably, 64% of the students at Hamilton College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,293,304. At HC, the total percentage of applicants who receive the Federal Grant stands at 19%. In comparison, 62% of the students are awarded the Student Grant, 55% get the Institution Grant, and 19% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,413, and the same stands at $2,787 for State Grant awardees and $43,722 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,808. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Hamilton College, the percentage of candidates who opt to avail of student loans is around 40%.