Students can avail of scholarships provided by the college, such as T.H. Bell Teaching Incentive Loan, if they find educational expenses to be on the higher side. As many as 99% of the students at WC get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,865,059 in a year. At WC, the total percentage of applicants who receive the Federal Grant stands at 29%. On the other hand, 99% of the candidates get the Student Grant, 99% receive the Institution Grant, and 29% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,978, while the same comes to $1,774 for State Grant receivers and $21,905 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,758. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Every year, around 52% of the applicants to Westminster College opt for student loans.