Notably, 99% of the students at Southwest University at El Paso get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $13,769,946. At SUEP, the total percentage of applicants who receive the Federal Grant stands at 86%. On the other hand, 93% of the candidates get the Student Grant, 7% receive the Institution Grant, and 86% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,896, the State Grant receivers and Institution Grant beneficiaries get $4,844 and $2,049, respectively. On the other hand, the average aid received by the Pell Grant awardees is $5,842. 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. 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 Southwest University at El Paso, the percentage of candidates who opt to avail of student loans is around 86%.