Notably, 98% of the students at Ashland Community and Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,645,956. Notably, a total of 70% of the applicants to Ashland Community and Technical College receive the Federal Grant every year. Meanwhile, 95% of the applicants receive the Student Grant and 14% are awarded the Institution Grant, while 70% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,549, and the same stands at $2,284 for State Grant awardees and $1,772 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,060. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 30% of the applicants to Ashland Community and Technical College opt for student loans.