Notably, almost all of the students at college get some kind of financial aid every year. The total percentage of candidates applying to Century College who receive the Federal Grant is 100%. In comparison, 100% of the students are awarded the Student Grant, 100% get the Institution Grant, and 100% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $6,095. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.