Such schemes include Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Military Service Recognition Scholarships, and New York State Scholarship for Academic Excellence. As many as 84% of the students at CKCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,372,844 in a year. For additional information about financial assistance schemes, one can head over to CKCC’s financial aid page at http://www.kbcc.cuny.edu/sub-financial_aid/Pages/default.aspx. Notably, a total of 73% of the applicants to CUNY Kingsborough Community College receive the Federal Grant every year. In comparison, 83% of the students are awarded the Student Grant, 32% get the Institution Grant, and 73% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,054, and the same stands at $3,181 for State Grant awardees and $517 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,402. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At CKCC, an estimated number of 3% of the applicants choose to go for student loans.