As many as 97% of the students at SEU get some sort of financial aid, and the total amount of assistance/loans provided is more than $14,516,815 in a year. More information regarding the financial assistance schemes can be accessed on SEU’s official financial aid page at https://www.stedwards.edu/admission-financial-aid/undergraduate/new-freshmen/financial-aid. The total percentage of candidates applying to Saint Edward's University who receive the Federal Grant is 42%. In comparison, 97% of the students are awarded the Student Grant, 94% get the Institution Grant, and 42% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,213, while the same comes to $4,348 for State Grant receivers and $28,156 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,653. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Students whose family income per annum is less than $30,000 will receive a federal aid of $38,778 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $36,237 and $33,987, respectively. Those with an annual income level of $75,001-$110,000 would receive $28,103, while candidates with more than $110,000 of family income receive an average federal aid of $20,409. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 61% of the applicants to Saint Edward's University opt for student loans.