As many as 72% of the students at UNCW get some sort of financial aid, and the total amount of assistance/loans provided is more than $42,047,436 in a year. One can visit UNCW's financial aid page at http://www.uncw.edu/finaid/ for more information. The total percentage of candidates applying to University of North Carolina Wilmington who receive the Federal Grant is 23%. In comparison, 53% of the students are awarded the Student Grant, 41% get the Institution Grant, and 23% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,064, while the same comes to $2,779 for State Grant receivers and $3,429 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,651. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At University of North Carolina Wilmington, the percentage of candidates who opt to avail of student loans is around 52%.