Students can avail of scholarships provided by the college, such as Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Military Service Recognition Scholarships, and New York State Scholarship for Academic Excellence, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 81% of students at CLCC receive some kind of financial aid, while the total amount of assistance/loans provided is $3,084,410. For additional information about financial assistance schemes, one can head over to CLCC’s financial aid page at http://www.laguardia.edu/financialaid/. At CLCC, the total percentage of applicants who receive the Federal Grant stands at 71%. Meanwhile, 80% of the applicants receive the Student Grant and 34% are awarded the Institution Grant, while 71% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,789, the State Grant receivers and Institution Grant beneficiaries get $2,902 and $498, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,200. 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. 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. At CUNY LaGuardia Community College, the percentage of candidates who opt to avail of student loans is around 2%.