It is interesting to note that, every year, around 33% of students at MBC receive some kind of financial aid. In comparison, 33% of the students are awarded the Student Grant, while 33% of the applicants receive the Institution Grant. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe.