It is interesting to note that, every year, around 88% of students at CSC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,115,977. More information regarding the financial assistance schemes can be accessed on CSC’s official financial aid page at http://sandburg.edu/Services/Financial-Aid/index.html. The total percentage of candidates applying to Carl Sandburg College who receive the Federal Grant is 57%. In comparison, 88% of the students are awarded the Student Grant, 31% get the Institution Grant, and 53% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,065, the State Grant receivers and Institution Grant beneficiaries get $3,573 and $3,571, respectively. And, for the Pell Grant awardees, the average aid amount is $4,906. 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. 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. Every year, around 8% of the applicants to Carl Sandburg College opt for student loans.