It is interesting to note that, every year, around 63% of students at CCCC receive some kind of financial aid. For additional information about financial assistance schemes, one can head over to CCCC’s financial aid page at http://www.cccc.edu/financialaid/. The total percentage of candidates applying to Central Carolina Community College who receive the Federal Grant is 48%. In comparison, 60% of the students are awarded the Student Grant, 17% get the Institution Grant, and 48% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $6,617, while the same comes to $1,855 for State Grant receivers and $1,417 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,453. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 1% of the applicants to Central Carolina Community College opt for student loans.