As many as 79% of the students at SLCHCSL get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,682,147 in a year. At SLCHCSL, the total percentage of applicants who receive the Federal Grant stands at 77%. On the other hand, 77% of the candidates get the Student Grant, 66% receive the Institution Grant, and 76% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,865, while the same comes to $3,702 for State Grant receivers and $136 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,618. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 74% of the applicants to St Louis College of Health Careers-St Louis opt for student loans.