It is interesting to note that, every year, around 64% of students at WMU receive some kind of financial aid. The total percentage of candidates applying to World Mission University who receive the Federal Grant is 64%. In comparison, 64% of the students get the Student Grant, and 64% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $2,321. 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 $6,015 in a year. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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.