It is interesting to note that, every year, around 85% of students at CCH receive some kind of financial aid, while the total amount of assistance/loans provided is $2,680,348. One can visit CCH's financial aid page at https://www.columbiacollege.edu/financial-aid/overview for more information. At CCH, the total percentage of applicants who receive the Federal Grant stands at 40%. On the other hand, 56% of the candidates get the Student Grant, 26% receive the Institution Grant, and 40% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,643, and the same stands at $8,723 for State Grant awardees and $2,803 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,663. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $6,345 in a year. The average aid amount stands at $2,579 for an annual family income between $30,001 and $48,000. This amount comes to $1,202 for those who fall under the $48,001-$75,000 family income bracket. 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 Columbia College Hollywood, the percentage of candidates who opt to avail of student loans is around 71%.