Among them are scholarship programs such as SDRA Jerry Wheeler Scholarship program and South Dakota State Tuition Assistance. As many as 80% of the students at SGU receive some kind of financial aid, shows the latest data. At SGU, the total percentage of applicants who receive the Federal Grant stands at 80%. On the other hand, 80% of the candidates get the Student Grant, 28% receive the Institution Grant, and 80% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,465, while the same comes to $433 for State Grant receivers and $1,475 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,929. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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.