Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $3,925,075. More information regarding the financial assistance schemes can be accessed on WJC’s official financial aid page at http://www.jewell.edu/afford. The total percentage of candidates applying to William Jewell College who receive the Federal Grant is 25%. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 25% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $7,316, and the same stands at $2,247 for State Grant awardees and $23,020 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,507. 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 $30,711 in a year. The average aid amount stands at $32,011 for an annual family income between $30,001 and $48,000. This amount comes to $27,094 for those who fall under the $48,001-$75,000 family income bracket. Those with an annual income level of $75,001-$110,000 would receive $23,943, while candidates with more than $110,000 of family income receive an average federal aid of $22,882. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 William Jewell College, the percentage of candidates who opt to avail of student loans is around 72%.