As many as 91% of the students at CCCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $4,601,431 in a year. At CCCC, the total percentage of applicants who receive the Federal Grant stands at 66%. In comparison, 86% of the students are awarded the Student Grant, 9% get the Institution Grant, and 65% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,916, the State Grant receivers and Institution Grant beneficiaries get $2,564 and $2,301, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,452. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Cayuga County Community College, the percentage of candidates who opt to avail of student loans is around 41%.