As many as 98% of the students at USCU get some sort of financial aid, and the total amount of assistance/loans provided is more than $25,768,199 in a year. The total percentage of candidates applying to University of South Carolina-Upstate who receive the Federal Grant is 61%. In comparison, 96% of the students are awarded the Student Grant, 20% get the Institution Grant, and 60% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,286, and the same stands at $4,407 for State Grant awardees and $3,785 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,936. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 University of South Carolina-Upstate, the percentage of candidates who opt to avail of student loans is around 71%.