Interestingly, almost all of the students at SUVAA receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $192,998 in a year. Notably, a total of 86% of the applicants to Southwest University of Visual Arts-Albuquerque receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 14% are awarded the Institution Grant, while 86% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,107. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At SUVAA, an estimated number of 100% of the applicants choose to go for student loans.