Notably, around 73% of the students at Carteret Community College receive some kind of financial aid every year, official data shows. One can visit CCC's financial aid page at http://www.carteret.edu/financial-aid-office/ for more information. At CCC, the total percentage of applicants who receive the Federal Grant stands at 53%. Meanwhile, 72% of the applicants receive the Student Grant and 9% are awarded the Institution Grant, while 53% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,645, the State Grant receivers and Institution Grant beneficiaries get $1,041 and $813, respectively. And, for the Pell Grant awardees, the average aid amount is $2,115. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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.