It is interesting to note that, every year, around 60% of students at CM receive some kind of financial aid, while the total amount of assistance/loans provided is $352,438. For additional information about financial assistance schemes, one can head over to CM’s financial aid page at http://www.marin.edu/financial_aid/index.htm. Notably, a total of 34% of the applicants to College of Marin receive the Federal Grant every year. On the other hand, 60% of the candidates get the Student Grant, 9% receive the Institution Grant, and 34% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,964, the State Grant receivers and Institution Grant beneficiaries get $1,984 and $1,099, respectively. And, for the Pell Grant awardees, the average aid amount is $3,716. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.