As many as 95% of the students at MSSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $16,735,130 in a year. One can visit MSSU's financial aid page at http://www.mssu.edu/financial-aid/index.php for more information. Notably, a total of 54% of the applicants to Missouri Southern State University receive the Federal Grant every year. In comparison, 92% of the students are awarded the Student Grant, 70% get the Institution Grant, and 54% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,682, while the same comes to $1,874 for State Grant receivers and $2,801 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,426. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Missouri Southern State University, the percentage of candidates who opt to avail of student loans is around 52%.