It is interesting to note that almost every student at WCADF receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $397,461. For additional information about financial assistance schemes, one can head over to WCADF’s financial aid page at http://www.watkins.edu/admissions/financial-aid/. At WCADF, the total percentage of applicants who receive the Federal Grant stands at 56%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 56% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $2,856, the State Grant receivers and Institution Grant beneficiaries get $2,547 and $5,708, respectively. And, for the Pell Grant awardees, the average aid amount is $2,392. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $8,149 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $5,060, while those falling in the $48,001-$75,000 income category get $3,433 a year. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 44% of the applicants to Watkins College of Art Design & Film opt for student loans.