Notably, 76% of the students at Cabrillo College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,228,228. More information regarding the financial assistance schemes can be accessed on CC’s official financial aid page at http://www.cabrillo.edu/services/finaid/. The total percentage of candidates applying to Cabrillo College who receive the Federal Grant is 38%. On the other hand, 74% of the candidates get the Student Grant, 7% receive the Institution Grant, and 38% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,865, and the same stands at $1,886 for State Grant awardees and $653 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,835. 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. 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. Candidates are also required to repay these loans within a given period. At Cabrillo College, the percentage of candidates who opt to avail of student loans is around 1%.