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 $13,105,298. Notably, a total of 30% of the applicants to Saint John Fisher College receive the Federal Grant every year. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 29% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,340, and the same stands at $3,016 for State Grant awardees and $16,677 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,470. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At SJFC, an estimated number of 77% of the applicants choose to go for student loans.