Notably, around 84% of the students at Florida Panhandle Technical College receive some kind of financial aid every year, official data shows. For additional information about financial assistance schemes, one can head over to FPTC’s financial aid page at http://fptc.edu. At FPTC, the total percentage of applicants who receive the Federal Grant stands at 53%. In comparison, 69% of the students are awarded the Student Grant, 5% get the Institution Grant, and 44% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $2,665, the State Grant receivers and Institution Grant beneficiaries get $1,128 and $966, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,225. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.