It is interesting to note that, every year, around 75% of students at CC receive some kind of financial aid. For additional information about financial assistance schemes, one can head over to CC’s financial aid page at http://www.chaffey.edu/finaid/index.shtml. At CC, the total percentage of applicants who receive the Federal Grant stands at 46%. On the other hand, 75% of the candidates get the Student Grant, 6% receive the Institution Grant, and 46% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,838, while the same comes to $2,115 for State Grant receivers and $664 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,472. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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.