Notably, 88% of the students at Yeshiva University get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,060,242. For additional information about financial assistance schemes, one can head over to YU’s financial aid page at http://yu.edu/osf. At YU, the total percentage of applicants who receive the Federal Grant stands at 16%. Meanwhile, 86% of the applicants receive the Student Grant and 86% are awarded the Institution Grant, while 16% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,882, and the same stands at $3,186 for State Grant awardees and $26,834 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,557. 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. On average, students with an annual family income of less than $30,000 will obtain a federal aid of $35,491 per year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $36,744, while those falling in the $48,001-$75,000 income category get $32,645 a year. Those with an annual income level of $75,001-$110,000 would receive $23,237, while candidates with more than $110,000 of family income receive an average federal aid of $11,206. 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 YU, an estimated number of 37% of the applicants choose to go for student loans.