As many as 85% of the students at UCHC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,306,809 in a year. One can visit UCHC's financial aid page at http://financialaid.uconn.edu/ for more information. At UCHC, the total percentage of applicants who receive the Federal Grant stands at 46%. In comparison, 69% of the students are awarded the Student Grant, 67% get the Institution Grant, and 46% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,141, and the same stands at $3,619 for State Grant awardees and $7,210 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,778. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At UCHC, an estimated number of 38% of the applicants choose to go for student loans.