It is interesting to note that, every year, around 86% of students at ACCC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,208,780. One can visit ACCC's financial aid page at http://www.allencc.edu for more information. The total percentage of candidates applying to Allen County Community College who receive the Federal Grant is 40%. Meanwhile, 83% of the applicants receive the Student Grant and 72% are awarded the Institution Grant, while 40% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,019. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 ACCC, an estimated number of 29% of the applicants choose to go for student loans.