It is interesting to note that, every year, around 84% of students at CCF receive some kind of financial aid, while the total amount of assistance/loans provided is $9,379,831. One can visit CCF's financial aid page at http://www.cf.edu/go/financialaid/ for more information. At CCF, the total percentage of applicants who receive the Federal Grant stands at 63%. On the other hand, 83% of the candidates get the Student Grant, 31% receive the Institution Grant, and 61% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,021, and the same stands at $2,060 for State Grant awardees and $1,503 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,050. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At College of Central Florida, the percentage of candidates who opt to avail of student loans is around 21%.