It is interesting to note that, every year, around 99% of students at AC receive some kind of financial aid, while the total amount of assistance/loans provided is $357,785. More information regarding the financial assistance schemes can be accessed on AC’s official financial aid page at http://www.atenascollege.edu. At AC, the total percentage of applicants who receive the Federal Grant stands at 99%. Meanwhile, 99% of the applicants receive the Student Grant, while 99% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $6,070. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $5,291 in a year. Candidates who come under the $30,001-$48,000 family income bracket receive an average aid of $4,369, while those falling in the $48,001-$75,000 income category get $3,853 a year. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. At Atenas College, the percentage of candidates who opt to avail of student loans is around 1%.