Notably, 66% of the students at Southeastern Institute-Columbia get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,115,084. Notably, a total of 61% of the applicants to Southeastern Institute-Columbia receive the Federal Grant every year. Meanwhile, 65% of the applicants receive the Student Grant and 27% are awarded the Institution Grant, while 61% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,432. 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. At SIC, an estimated number of 52% of the applicants choose to go for student loans.