Notably, 58% of the students at Carroll Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,309,056. For additional information about financial assistance schemes, one can head over to CCC’s financial aid page at http://www.carrollcc.edu/Costs-and-Aid/. At CCC, the total percentage of applicants who receive the Federal Grant stands at 28%. In comparison, 56% of the students are awarded the Student Grant, 34% get the Institution Grant, and 28% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,443, and the same stands at $1,132 for State Grant awardees and $3,054 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,291. 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. 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. At CCC, an estimated number of 5% of the applicants choose to go for student loans.