Such schemes include Carnegie Dartlet $10,000 Scholarship, Chapter 105 - Memphis - Les Segar Memorial Scholarship, Community Service Scholarship for Multicultural Students, and Dr. Richard Forrest & Ella Dudney Kelsey Memorial Scholarship. Notably, almost all of the university students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $14,000,112. One can visit UU's financial aid page at http://www.uu.edu/financialaid/ for more information. The total percentage of candidates applying to Union University who receive the Federal Grant is 47%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 34% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $3,794, the State Grant receivers and Institution Grant beneficiaries get $5,187 and $16,059, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,456. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $31,082 per year. The average aid amount stands at $28,249 for an annual family income between $30,001 and $48,000. This amount comes to $28,379 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $24,499, while candidates with more than $110,000 of family income receive an average federal aid of $22,038. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 94% of the applicants to Union University opt for student loans.