A significant number of students at HU receive some kind of financial aid, and the total amount of assistance/loans provided is more than $45,900 in a year. For additional information about financial assistance schemes, one can head over to HU’s financial aid page at http://www.horizonuniversity.edu/admissions/financial-aid/. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $1,617. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.