Such schemes include North Carolina Student Incentive Grant and Triangle Scholarship Program. As many as 85% of the students at FTCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $27,756,774 in a year. One can visit FTCC's financial aid page at http://www.faytechcc.edu/financial-aid/ for more information. Notably, a total of 68% of the applicants to Fayetteville Technical Community College receive the Federal Grant every year. On the other hand, 85% of the candidates get the Student Grant, 12% receive the Institution Grant, and 68% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $7,888, and the same stands at $1,978 for State Grant awardees and $1,300 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $7,017. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Fayetteville Technical Community College, the percentage of candidates who opt to avail of student loans is around 53%.