Notably, 87% of the students at Xavier College School of Nursing get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,094,787. The total percentage of candidates applying to Xavier College School of Nursing who receive the Federal Grant is 57%. On the other hand, 57% of the candidates get the Student Grant, while 57% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,648. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Xavier College School of Nursing, the percentage of candidates who opt to avail of student loans is around 85%.