As many as 91% of the students at UA get some sort of financial aid, and the total amount of assistance/loans provided is more than $76,566,242 in a year. One can visit UA's financial aid page at http://financialaid.arizona.edu for more information. At UA, the total percentage of applicants who receive the Federal Grant stands at 25%. In comparison, 88% of the students are awarded the Student Grant, 87% get the Institution Grant, and 25% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,038, while the same comes to $5,761 for State Grant receivers and $11,044 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,844. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 35% of the applicants to University of Arizona opt for student loans.