Students can avail of scholarships provided by the university, such as Constance L. Lloyd/ACMPE Scholarship, Georgia Public Safety Memorial Grant, HERO Scholarship Program (Helping Educate Reservists and their Offspring), and HOPE & PROMISE Teacher Scholarship Loans, if they find educational expenses to be on the higher side. Notably, 88% of the students at University of North Georgia get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $32,824,249. At UNG, the total percentage of applicants who receive the Federal Grant stands at 34%. On the other hand, 82% of the candidates get the Student Grant, 12% receive the Institution Grant, and 34% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,862, the State Grant receivers and Institution Grant beneficiaries get $4,148 and $3,097, respectively. And, for the Pell Grant awardees, the average aid amount is $4,613. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 33% of the applicants to University of North Georgia opt for student loans.