It is interesting to note that, every year, around 87% of students at UH receive some kind of financial aid, while the total amount of assistance/loans provided is $93,552,888. For additional information about financial assistance schemes, one can head over to UH’s financial aid page at http://www.uh.edu/financial/. Notably, a total of 44% of the applicants to University of Houston receive the Federal Grant every year. Meanwhile, 78% of the applicants receive the Student Grant and 60% are awarded the Institution Grant, while 44% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,178, and the same stands at $6,431 for State Grant awardees and $5,002 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,729. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 34% of the applicants to University of Houston opt for student loans.