Among them are scholarship programs such as Christa McAuliffe Scholarship, Developmental Disabilities, Mental Health, Child Welfare, and Juvenile Justice Workforce Tuition Assistance Program, Edward T. Conroy Memorial Scholarship, and Graduate and Professional Scholarship. As many as 74% of the students at NIRC receive some kind of financial aid, shows the latest data. The total percentage of candidates applying to Ner Israel Rabbinical College who receive the Federal Grant is 26%. In comparison, 74% of the students are awarded the Student Grant, 74% get the Institution Grant, and 26% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $7,453, while the same comes to $5,700 for State Grant receivers and $9,427 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $6,882. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe.