Such schemes include Denton and Ann Lyon Scholarship, Emily Lester Vermont Opportunity Scholarship, Jedidiah Zabrosky Scholarship, and Kittredge Coddington Memorial Scholarship. It is interesting to note that, every year, around 73% of students at CCV receive some kind of financial aid, while the total amount of assistance/loans provided is $3,287,283. Notably, a total of 57% of the applicants to Community College of Vermont receive the Federal Grant every year. In comparison, 66% of the students are awarded the Student Grant, 20% get the Institution Grant, and 57% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,738, the State Grant receivers and Institution Grant beneficiaries get $1,608 and $421, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $2,996. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 26% of the applicants to Community College of Vermont opt for student loans.