It is interesting to note that, every year, around 86% of students at UHH receive some kind of financial aid, while the total amount of assistance/loans provided is $7,590,581. Notably, a total of 45% of the applicants to University of Hawaii at Hilo receive the Federal Grant every year. Meanwhile, 76% of the applicants receive the Student Grant and 58% are awarded the Institution Grant, while 45% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,127, while the same comes to $3,824 for State Grant receivers and $3,934 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,644. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At UHH, an estimated number of 38% of the applicants choose to go for student loans.