It is interesting to note that, every year, around 69% of students at CPTC receive some kind of financial aid, while the total amount of assistance/loans provided is $3,807,864. At CPTC, the total percentage of applicants who receive the Federal Grant stands at 53%. Meanwhile, 57% of the applicants receive the Student Grant and 4% are awarded the Institution Grant, while 51% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,822, and the same stands at $3,184 for State Grant awardees and $1,451 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,902. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 20% of the applicants to Clover Park Technical College opt for student loans.