It is interesting to note that, every year, around 98% of students at RUC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,837,727. For additional information about financial assistance schemes, one can head over to RUC’s financial aid page at http://www.jchs.edu/financial-aid. At RUC, the total percentage of applicants who receive the Federal Grant stands at 51%. In comparison, 98% of the students are awarded the Student Grant, 89% get the Institution Grant, and 51% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,484, while the same comes to $2,974 for State Grant receivers and $7,183 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,489. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $11,152 on average in a year. The average aid amount stands at $12,365 for an annual family income between $30,001 and $48,000. This amount comes to $15,648 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $9,644. And, for those with a family income of more than $110,000, the amount stands at $8,354. 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. At Radford University-Carilion, the percentage of candidates who opt to avail of student loans is around 81%.