Students can avail of scholarships provided by the college, such as Academic Excellence Scholarship, Lake Mason Lions Club Scholarship, Talent Incentive Program Grant, and Wisconsin Association Awards, if they find educational expenses to be on the higher side. Notably, 78% of the students at Chippewa Valley Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $11,338,926. Notably, a total of 53% of the applicants to Chippewa Valley Technical College receive the Federal Grant every year. On the other hand, 53% of the candidates get the Student Grant, 8% receive the Institution Grant, and 47% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,067, and the same stands at $966 for State Grant awardees and $2,184 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,633. 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. 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. At CVTC, an estimated number of 50% of the applicants choose to go for student loans.