It is interesting to note that, every year, around 47% of students at DAC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,821,291. One can visit DAC's financial aid page at http://www.deanza.edu/financialaid/ for more information. The total percentage of candidates applying to De Anza College who receive the Federal Grant is 25%. Meanwhile, 47% of the applicants receive the Student Grant and 7% are awarded the Institution Grant, while 25% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,748, the State Grant receivers and Institution Grant beneficiaries get $2,335 and $503, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,057. 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. Candidates are also required to repay these loans within a given period. At DAC, an estimated number of 1% of the applicants choose to go for student loans.