Notably, 96% of the students at Virginia Union University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,945,818. One can visit VUU's financial aid page at http://www.vuuemsa.com/financial-aid for more information. Notably, a total of 78% of the applicants to Virginia Union University receive the Federal Grant every year. In comparison, 92% of the students are awarded the Student Grant, 43% get the Institution Grant, and 78% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,165, the State Grant receivers and Institution Grant beneficiaries get $3,099 and $8,334, respectively. And, for the Pell Grant awardees, the average aid amount is $4,860. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Those with a family income below $30,000 per annum, would get an average federal aid of $10,641 in a year. The average aid amount stands at $10,241 for an annual family income between $30,001 and $48,000. This amount comes to $6,498 for those who fall under the $48,001-$75,000 family income bracket. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $5,475. And, for those with a family income of more than $110,000, the amount stands at $3,953. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Virginia Union University, the percentage of candidates who opt to avail of student loans is around 82%.