Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,366,956. The total percentage of candidates applying to Laboure College who receive the Federal Grant is 100%. Meanwhile, 100% of the applicants receive the Student Grant, while 100% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,578. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period. At LC, an estimated number of 100% of the applicants choose to go for student loans.