Such schemes include Alumni Scholarship, Anna Groninger Smith Memorial Scholarship, Calvert Ellis Scholarship, and Church of the Brethren Scholarship. It is interesting to note that almost every student at JC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $6,065,271. For additional information about financial assistance schemes, one can head over to JC’s financial aid page at http://www.juniata.edu/admission/scholarships-and-aid/index.php. Notably, a total of 31% of the applicants to Juniata College receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 26% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,292, the State Grant receivers and Institution Grant beneficiaries get $3,369 and $30,611, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,536. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $37,217 per year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $35,712 and $34,391, respectively. On the other hand, the average federal aid stands at $30,200 for those with an annual family income between $75,001 and $110,000, and at $25,190 for an income more than $110,000. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At JC, an estimated number of 71% of the applicants choose to go for student loans.