Such schemes include 'Better A Life' Scholarship, 'Why Not?' Scholarship, Anna F. Jones Scholarship, and Ben Walker/Mikael Nickolauson Thurston High School Memorial Scholarship. It is interesting to note that, every year, around 79% of students at COCC receive some kind of financial aid, while the total amount of assistance/loans provided is $7,891,249. Notably, a total of 40% of the applicants to Central Oregon Community College receive the Federal Grant every year. Meanwhile, 73% of the applicants receive the Student Grant and 12% are awarded the Institution Grant, while 40% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,579, while the same comes to $2,959 for State Grant receivers and $2,189 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,151. 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. Every year, around 36% of the applicants to Central Oregon Community College opt for student loans.