It is interesting to note that, every year, around 91% of students at SU receive some kind of financial aid, while the total amount of assistance/loans provided is $36,739,616. For additional information about financial assistance schemes, one can head over to SU’s financial aid page at http://intraweb.stockton.edu/eyos/page.cfm?siteID=91&pageID=1. At SU, the total percentage of applicants who receive the Federal Grant stands at 43%. In comparison, 74% of the students are awarded the Student Grant, 60% get the Institution Grant, and 42% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,210, and the same stands at $6,089 for State Grant awardees and $5,773 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,745. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Stockton University, the percentage of candidates who opt to avail of student loans is around 72%.