Notably, 99% of the students at Henderson State University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,577,448. One can visit HSU's financial aid page at http://www.hsu.edu/FinancialAid/FinancialAid.html for more information. The total percentage of candidates applying to Henderson State University who receive the Federal Grant is 50%. On the other hand, 80% of the candidates get the Student Grant, 66% receive the Institution Grant, and 50% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,100, and the same stands at $1,061 for State Grant awardees and $5,414 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,330. 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. 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 HSU, an estimated number of 46% of the applicants choose to go for student loans.