As many as 71% of the students at DSC get some sort of financial aid, and the total amount of assistance/loans provided is more than $11,979,694 in a year. One can visit DSC's financial aid page at http://www.daytonastate.edu/finaid/ for more information. The total percentage of candidates applying to Daytona State College who receive the Federal Grant is 53%. On the other hand, 61% of the candidates get the Student Grant, 12% receive the Institution Grant, and 53% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,764, the State Grant receivers and Institution Grant beneficiaries get $1,620 and $2,697, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,614. 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. 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 Daytona State College, the percentage of candidates who opt to avail of student loans is around 24%.