Notably, 68% of the students at Century College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $16,709,945. The total percentage of candidates applying to Century College who receive the Federal Grant is 45%. Meanwhile, 53% of the applicants receive the Student Grant and 1% are awarded the Institution Grant, while 45% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,201, the State Grant receivers and Institution Grant beneficiaries get $1,125 and $1,071, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,369. 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. 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 CC, an estimated number of 27% of the applicants choose to go for student loans.