Such schemes include Constance L. Lloyd/ACMPE Scholarship, Georgia Public Safety Memorial Grant, HERO Scholarship Program (Helping Educate Reservists and their Offspring), and HOPE & PROMISE Teacher Scholarship Loans. It is interesting to note that, every year, around 91% of students at CTC receive some kind of financial aid. Notably, a total of 76% of the applicants to Columbus Technical College receive the Federal Grant every year. On the other hand, 89% of the candidates get the Student Grant, while 76% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $6,217. 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 Columbus Technical College, the percentage of candidates who opt to avail of student loans is around 3%.