It is interesting to note that, every year, around 85% of students at OSU receive some kind of financial aid, while the total amount of assistance/loans provided is $68,711,968. One can visit OSU's financial aid page at https://financialaid.oregonstate.edu for more information. The total percentage of candidates applying to Oregon State University who receive the Federal Grant is 23%. In comparison, 75% of the students are awarded the Student Grant, 72% get the Institution Grant, and 23% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,817, and the same stands at $3,333 for State Grant awardees and $6,310 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,280. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. At OSU, an estimated number of 43% of the applicants choose to go for student loans.