As many as 84% of the students at SCG get some sort of financial aid, and the total amount of assistance/loans provided is more than $17,044,872 in a year. Notably, a total of 31% of the applicants to SUNY College at Geneseo receive the Federal Grant every year. On the other hand, 65% of the candidates get the Student Grant, 63% receive the Institution Grant, and 31% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,909, while the same comes to $4,718 for State Grant receivers and $1,775 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,760. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. Candidates are also required to repay these loans within a given period. At SCG, an estimated number of 61% of the applicants choose to go for student loans.