Among them are scholarship programs such as Regent University - Tuition Waiver Exchange Program. As many as 99% of the students at RU get some sort of financial aid, and the total amount of assistance/loans provided is more than $33,064,250 in a year. More information regarding the financial assistance schemes can be accessed on RU’s official financial aid page at http://www.regent.edu/admin/finaid/. The total percentage of candidates applying to Regent University who receive the Federal Grant is 46%. Meanwhile, 98% of the applicants receive the Student Grant and 96% are awarded the Institution Grant, while 46% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,628, and the same stands at $3,299 for State Grant awardees and $10,156 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,992. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $9,753 per year. The average aid amount stands at $11,856 for an annual family income between $30,001 and $48,000. This amount comes to $10,747 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $8,895. And, for those with a family income of more than $110,000, the amount stands at $9,524. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At RU, an estimated number of 91% of the applicants choose to go for student loans.