Students can avail of scholarships provided by the university, such as ASTA Northern California Chapter - Richard Epping Scholarship, AWA Scholarship Awards, CCNMA Scholarship, and Cal Grant A, if they find educational expenses to be on the higher side. As many as 73% of the students at SJSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $45,067,619 in a year. The total percentage of candidates applying to San Jose State University who receive the Federal Grant is 41%. Meanwhile, 68% of the applicants receive the Student Grant and 41% are awarded the Institution Grant, while 41% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,118, the State Grant receivers and Institution Grant beneficiaries get $2,749 and $6,403, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,595. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 34% of the applicants to San Jose State University opt for student loans.