As many as 99% of the students at WWU get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,422,762 in a year. More information regarding the financial assistance schemes can be accessed on WWU’s official financial aid page at http://www.williamwoods.edu/admissions/undergraduate/financial_services/index.html. At WWU, the total percentage of applicants who receive the Federal Grant stands at 30%. Meanwhile, 99% of the applicants receive the Student Grant and 97% are awarded the Institution Grant, while 30% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,611, while the same comes to $2,065 for State Grant receivers and $14,591 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,373. 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. Students whose family income per annum is less than $30,000 will receive a federal aid of $15,180 on average in a year. The average aid amount stands at $19,666 for an annual family income between $30,001 and $48,000. This amount comes to $14,932 for those who fall under the $48,001-$75,000 family income bracket. On the other hand, the average federal aid stands at $15,985 for those with an annual family income between $75,001 and $110,000, and at $13,659 for an income more than $110,000. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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 62% of the applicants to William Woods University opt for student loans.