It is interesting to note that almost every student at HC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $3,822,145. Notably, a total of 55% of the applicants to Hilbert College receive the Federal Grant every year. Meanwhile, 99% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 54% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,768, and the same stands at $2,920 for State Grant awardees and $8,447 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,401. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At Hilbert College, the percentage of candidates who opt to avail of student loans is around 90%.