Notably, 99% of the students at The College of Saint Scholastica get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $11,163,542. Notably, a total of 32% of the applicants to The College of Saint Scholastica receive the Federal Grant every year. In comparison, 99% of the students are awarded the Student Grant, 99% get the Institution Grant, and 32% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,584, while the same comes to $5,501 for State Grant receivers and $20,619 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,355. 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 TCSS, an estimated number of 66% of the applicants choose to go for student loans.