Notably, 97% of the students at Lasell University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $8,172,391. The total percentage of candidates applying to Lasell University who receive the Federal Grant is 37%. Meanwhile, 97% of the applicants receive the Student Grant and 97% are awarded the Institution Grant, while 35% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,161, the State Grant receivers and Institution Grant beneficiaries get $1,428 and $23,006, respectively. And, for the Pell Grant awardees, the average aid amount is $4,325. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Lasell University, the percentage of candidates who opt to avail of student loans is around 91%.