Notably, 79% of the students at Mid-America College of Funeral Service get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $986,500. One can visit MACFS's financial aid page at http://www.mid-america.edu/admissions/financial-aid for more information. At MACFS, the total percentage of applicants who receive the Federal Grant stands at 60%. On the other hand, 60% of the candidates get the Student Grant, 2% receive the Institution Grant, and 60% get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $6,095. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $1,089 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $1,089 and $1,089, respectively. 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. Candidates are also required to repay these loans within a given period. Every year, around 79% of the applicants to Mid-America College of Funeral Service opt for student loans.