Among them are scholarship programs such as Academic Elite Scholarships, Alabama G.I. Dependents' Scholarship, Alumni Heritage Scholarship, and Alumni Scholar Award. As many as 79% of the students at TUA get some sort of financial aid, and the total amount of assistance/loans provided is more than $80,453,311 in a year. One can visit TUA's financial aid page at http://financialaid.ua.edu for more information. The total percentage of candidates applying to The University of Alabama who receive the Federal Grant is 17%. In comparison, 64% of the students are awarded the Student Grant, 56% get the Institution Grant, and 17% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,255, and the same stands at $679 for State Grant awardees and $15,676 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,590. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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 TUA, an estimated number of 42% of the applicants choose to go for student loans.