Among them are scholarship programs such as Art and Helen Nickless Scholarship, Auburn Jaycees Education Scholarship, Bay City Civitan/Marcella Barber Scholarship, and Bay City Kiwanis Educational Scholarship. It is interesting to note that, every year, around 99% of students at SHU receive some kind of financial aid, while the total amount of assistance/loans provided is $13,343,920. At SHU, the total percentage of applicants who receive the Federal Grant stands at 43%. In comparison, 99% of the students are awarded the Student Grant, 99% get the Institution Grant, and 43% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,861, and the same stands at $3,351 for State Grant awardees and $16,231 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,134. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Siena Heights University, the percentage of candidates who opt to avail of student loans is around 73%.