Such schemes include American Society of Landscape Architects Scholarship, Capitol Hill High School Scholarship, Central High School Alumni Association Scholarship, and Dan Zanowiak Memorial Scholarship. As many as 93% of the students at SOSU get some sort of financial aid, and the total amount of assistance/loans provided is more than $14,318,008 in a year. The total percentage of candidates applying to Southwestern Oklahoma State University who receive the Federal Grant is 44%. On the other hand, 85% of the candidates get the Student Grant, 65% receive the Institution Grant, and 44% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,949, the State Grant receivers and Institution Grant beneficiaries get $4,761 and $5,058, respectively. And, for the Pell Grant awardees, the average aid amount is $4,642. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At SOSU, an estimated number of 58% of the applicants choose to go for student loans.