Notably, 99% of the students at Newberry College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,523,145. For additional information about financial assistance schemes, one can head over to NC’s financial aid page at https://www.newberry.edu/admission#tuition-and-aid. The total percentage of candidates applying to Newberry College who receive the Federal Grant is 56%. Meanwhile, 99% of the applicants receive the Student Grant and 99% are awarded the Institution Grant, while 56% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,042, the State Grant receivers and Institution Grant beneficiaries get $5,738 and $14,169, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,934. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $22,642 per year. The average aid amount stands at $23,234 for an annual family income between $30,001 and $48,000. This amount comes to $18,736 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $17,689 for those with an annual family income between $75,001 and $110,000, and at $17,303 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Newberry College, the percentage of candidates who opt to avail of student loans is around 94%.