Interestingly, almost all of the students at WBU receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $2,183,628 in a year. The total percentage of candidates applying to Williams Baptist University who receive the Federal Grant is 48%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 48% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,195, while the same comes to $1,664 for State Grant receivers and $6,950 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,259. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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. At WBU, an estimated number of 59% of the applicants choose to go for student loans.