Notably, around 90% of the students at Compton College receive some kind of financial aid every year, official data shows. For additional information about financial assistance schemes, one can head over to CC’s financial aid page at http://www.compton.edu/studentservices/financialaid/index.aspx. Notably, a total of 65% of the applicants to Compton College receive the Federal Grant every year. On the other hand, 90% of the candidates get the Student Grant, while 65% receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $2,703. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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.