Among them are scholarship programs such as TOPS - Honors Award, TOPS - Opportunity Award, and TOPS - Performance Award. It is interesting to note that, every year, around 65% of students at SJSC receive some kind of financial aid, while the total amount of assistance/loans provided is $136,592. Notably, a total of 35% of the applicants to Saint Joseph Seminary College receive the Federal Grant every year. On the other hand, 48% of the candidates get the Student Grant, 9% receive the Institution Grant, and 35% get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,295. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Saint Joseph Seminary College, the percentage of candidates who opt to avail of student loans is around 26%.