It is interesting to note that, every year, around 97% of students at ECH receive some kind of financial aid, while the total amount of assistance/loans provided is $1,954,000. At ECH, the total percentage of applicants who receive the Federal Grant stands at 76%. In comparison, 97% of the students are awarded the Student Grant, 97% get the Institution Grant, and 76% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $2,711, while the same comes to $3,488 for State Grant receivers and $1,062 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,720. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Every year, around 89% of the applicants to Eastwick College-Hackensack opt for student loans.