It is interesting to note that, every year, around 88% of students at EBCCP receive some kind of financial aid, while the total amount of assistance/loans provided is $238,273. At EBCCP, the total percentage of applicants who receive the Federal Grant stands at 64%. In comparison, 64% of the students get the Student Grant, and 64% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,383. 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 EBCCP, an estimated number of 82% of the applicants choose to go for student loans.