Among them are scholarship programs such as Boettcher Foundation Scholarship, Clinton J. Helton Scholarship, Colorado Ski Authority Annual Scholarship, and Frank and Hildegarde Goodrich Family Scholarship. As many as 81% of the students at UCCS get some sort of financial aid, and the total amount of assistance/loans provided is more than $29,432,736 in a year. Notably, a total of 31% of the applicants to University of Colorado Colorado Springs receive the Federal Grant every year. In comparison, 65% of the students are awarded the Student Grant, 52% get the Institution Grant, and 30% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,489, and the same stands at $4,095 for State Grant awardees and $3,950 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,087. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 46% of the applicants to University of Colorado Colorado Springs opt for student loans.