Notably, 99% of the students at Miami Regional University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,092,988. The total percentage of candidates applying to Miami Regional University who receive the Federal Grant is 60%. Meanwhile, 66% of the applicants receive the Student Grant and 3% are awarded the Institution Grant, while 60% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $3,833, and the same stands at $536 for State Grant awardees and $1,853 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,643. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 63% of the applicants to Miami Regional University opt for student loans.