Such schemes include Grace Knouff Memorial Scholarship, James R. Hunt Memorial Scholarship, Larry and Doris Clark Scholarship, and Minority Journalism Scholarship. Notably, 89% of the students at Edison State Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,863,754. For additional information about financial assistance schemes, one can head over to ESCC’s financial aid page at http://www.edisonohio.edu/Paying-for-College. The total percentage of candidates applying to Edison State Community College who receive the Federal Grant is 55%. In comparison, 71% of the students are awarded the Student Grant, 26% get the Institution Grant, and 55% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,210. 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. 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 Edison State Community College, the percentage of candidates who opt to avail of student loans is around 30%.