Such schemes include Triangle Scholarship Program. Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $940,645. At MACU, the total percentage of applicants who receive the Federal Grant stands at 62%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 62% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,239, while the same comes to $4,032 for State Grant receivers and $3,575 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,566. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 79% of the applicants to Mid-Atlantic Christian University opt for student loans.