Among them are scholarship programs such as Albert M. Lappin Scholarship, Hansen Leaders of Tomorrow, Hansen Scholar Award, and Hansen Student Scholarship. As many as 94% of the students at PSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $17,333,885 in a year. The total percentage of candidates applying to Pittsburg State University who receive the Federal Grant is 39%. In comparison, 79% of the students are awarded the Student Grant, 61% get the Institution Grant, and 38% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,509, and the same stands at $1,149 for State Grant awardees and $2,627 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,321. 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. 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. At Pittsburg State University, the percentage of candidates who opt to avail of student loans is around 61%.