Notably, around 97% of the students at Oglala Lakota College receive some kind of financial aid every year, official data shows. More information regarding the financial assistance schemes can be accessed on OLC’s official financial aid page at http://olc.edu/student_services/financial_aid.htm. Notably, a total of 91% of the applicants to Oglala Lakota College receive the Federal Grant every year. On the other hand, 97% of the candidates get the Student Grant, 91% receive the Institution Grant, and 91% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,044, the State Grant receivers and Institution Grant beneficiaries get $3,474 and $2,680, respectively. And, for the Pell Grant awardees, the average aid amount is $4,303. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period.