It is interesting to note that, every year, around 86% of students at SFASU receive some kind of financial aid, while the total amount of assistance/loans provided is $40,782,709. One can visit SFASU's financial aid page at http://www.sfasu.edu/faid/ for more information. At SFASU, the total percentage of applicants who receive the Federal Grant stands at 42%. On the other hand, 69% of the candidates get the Student Grant, 52% receive the Institution Grant, and 41% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,033, while the same comes to $5,193 for State Grant receivers and $3,852 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,858. 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. Every year, around 58% of the applicants to Stephen F Austin State University opt for student loans.