It is interesting to note that, every year, around 95% of students at ECTC receive some kind of financial aid. For additional information about financial assistance schemes, one can head over to ECTC’s financial aid page at http://www.ectc.edu. At ECTC, the total percentage of applicants who receive the Federal Grant stands at 74%. Meanwhile, 95% of the applicants receive the Student Grant and 42% are awarded the Institution Grant, while 74% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,797, and the same stands at $3,891 for State Grant awardees and $926 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,764. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period.