It is interesting to note that, every year, around 89% of students at CCC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,060,163. The total percentage of candidates applying to Centura College-Chesapeake who receive the Federal Grant is 78%. In comparison, 78% of the students are awarded the Student Grant, 33% get the Institution Grant, and 78% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,576. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 89% of the applicants to Centura College-Chesapeake opt for student loans.