Such schemes include Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Business Educators Award, and Dr. George Alterman Award. Notably, 90% of the students at Five Towns College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,857,466. The total percentage of candidates applying to Five Towns College who receive the Federal Grant is 50%. In comparison, 89% of the students are awarded the Student Grant, 79% get the Institution Grant, and 50% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,326, while the same comes to $6,393 for State Grant receivers and $5,214 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,851. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Five Towns College, the percentage of candidates who opt to avail of student loans is around 45%.