It is interesting to note that, every year, around 86% of students at TAUSA receive some kind of financial aid, while the total amount of assistance/loans provided is $21,299,404. One can visit TAUSA's financial aid page at http://www.tamusa.edu/financialaid/index.html for more information. Notably, a total of 60% of the applicants to Texas A&M University-San Antonio receive the Federal Grant every year. In comparison, 86% of the students are awarded the Student Grant, 39% get the Institution Grant, and 60% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,044, and the same stands at $4,737 for State Grant awardees and $4,892 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,316. 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. 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 TAUSA, an estimated number of 45% of the applicants choose to go for student loans.