Such schemes include Balanced Man Scholarship, Clifton & Alberta White Memorial Scholarship, Humpert Memorial Scholarship, and Maynard Jensen American Legion Memorial Scholarship. As many as 85% of the students at UNO get some sort of financial aid, and the total amount of assistance/loans provided is more than $28,855,290 in a year. The total percentage of candidates applying to University of Nebraska at Omaha who receive the Federal Grant is 41%. On the other hand, 63% of the candidates get the Student Grant, 56% receive the Institution Grant, and 41% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,764, while the same comes to $1,915 for State Grant receivers and $3,940 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,548. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At University of Nebraska at Omaha, the percentage of candidates who opt to avail of student loans is around 37%.