Among them are scholarship programs such as Boettcher Foundation Scholarship and Colorado Ski Authority Annual Scholarship. As many as 80% of the students at CNCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,478,711 in a year. The total percentage of candidates applying to Colorado Northwestern Community College who receive the Federal Grant is 31%. Meanwhile, 71% of the applicants receive the Student Grant and 54% are awarded the Institution Grant, while 31% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,121, while the same comes to $2,076 for State Grant receivers and $3,608 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $5,113. 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. Every year, around 42% of the applicants to Colorado Northwestern Community College opt for student loans.