It is interesting to note that almost every student at CC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $412,967. At CC, the total percentage of applicants who receive the Federal Grant stands at 96%. Meanwhile, 100% of the applicants receive the Student Grant and 15% are awarded the Institution Grant, while 96% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $2,982, the State Grant receivers and Institution Grant beneficiaries get $1,500 and $1,243, respectively. And, for the Pell Grant awardees, the average aid amount is $2,318. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period. At CC, an estimated number of 100% of the applicants choose to go for student loans.