Such schemes include Academic Achievement Scholarship, Bible Quiz Scholarship and Fine Arts Achievement Scholarship, Church Matching Scholarship, and Commuter Scholarship. As many as 98% of the students at UVF get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,133,928 in a year. At UVF, the total percentage of applicants who receive the Federal Grant stands at 53%. Meanwhile, 97% of the applicants receive the Student Grant and 95% are awarded the Institution Grant, while 53% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,144, and the same stands at $3,089 for State Grant awardees and $10,754 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,526. 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. 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. Every year, around 79% of the applicants to University of Valley Forge opt for student loans.