Such schemes include Dr. Allen Smith Memorial Scholarship, Educational Assistance Commitment Grant, James R. Hunt Memorial Scholarship, and Larry and Doris Clark Scholarship. It is interesting to note that, every year, around 93% of students at KSUT receive some kind of financial aid, while the total amount of assistance/loans provided is $4,593,469. More information regarding the financial assistance schemes can be accessed on KSUT’s official financial aid page at http://www.kent.edu/tusc/admissions-tuition-aid. At KSUT, the total percentage of applicants who receive the Federal Grant stands at 54%. In comparison, 88% of the students are awarded the Student Grant, 67% get the Institution Grant, and 54% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,276, and the same stands at $1,929 for State Grant awardees and $1,224 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,221. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At KSUT, an estimated number of 51% of the applicants choose to go for student loans.