Such schemes include Aura Neely-Gary Memorial Scholarship Fund, Critical Needs Teacher Loan/Scholarship, Mississippi Eminent Scholars Grant, and Mississippi Tuition Assistance Grant. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,579,563. More information regarding the financial assistance schemes can be accessed on RC’s official financial aid page at http://www.rustcollege.edu/administration/financial-aid/index.html. The total percentage of candidates applying to Rust College who receive the Federal Grant is 96%. On the other hand, 100% of the candidates get the Student Grant, 55% receive the Institution Grant, and 90% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,025, while the same comes to $438 for State Grant receivers and $2,714 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,999. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $6,601 on average in a year. The average aid amount stands at $6,403 for an annual family income between $30,001 and $48,000. This amount comes to $2,763 for those who fall under the $48,001-$75,000 family income bracket. 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. Candidates are also required to repay these loans within a given period. At Rust College, the percentage of candidates who opt to avail of student loans is around 83%.