Such schemes include FFGC Scholarship for High School Students, Florida Bright Futures Scholarship Program, Florida Engineering Foundation Scholarship, and Florida Public Postsecondary Career Education Student Assistance Program (FSAG-CE). Notably, around 67% of the students at Cape Coral Technical College receive some kind of financial aid every year, official data shows. At CCTC, the total percentage of applicants who receive the Federal Grant stands at 46%. On the other hand, 67% of the candidates get the Student Grant, 4% receive the Institution Grant, and 46% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,477, while the same comes to $3,218 for State Grant receivers and $1,615 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,570. 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. 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.