Among them are scholarship programs such as Anthony Munoz Foundation Scholarship Fund, Dr. Allen Smith Memorial Scholarship, Education Foundation Scholarship, and Educational Assistance Commitment Grant. It is interesting to note that almost every student at MSJU receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $5,885,235. The total percentage of candidates applying to Mount Saint Joseph University who receive the Federal Grant is 42%. Meanwhile, 100% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 41% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,517, while the same comes to $4,051 for State Grant receivers and $17,655 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,620. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Mount Saint Joseph University, the percentage of candidates who opt to avail of student loans is around 82%.