Such schemes include Western Undergraduate Exchange. Notably, 90% of the students at Snow College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,969,770. One can visit SC's financial aid page at https://www.snow.edu/finaid/ for more information. At SC, the total percentage of applicants who receive the Federal Grant stands at 37%. In comparison, 90% of the students are awarded the Student Grant, 69% get the Institution Grant, and 37% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,496, the State Grant receivers and Institution Grant beneficiaries get $764 and $2,202, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,444. 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. 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. At SC, an estimated number of 60% of the applicants choose to go for student loans.