As many as 74% of the students at FSSC get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,664,613 in a year. More information regarding the financial assistance schemes can be accessed on FSSC’s official financial aid page at http://www.fsw.edu/financialaid. Notably, a total of 59% of the applicants to Florida SouthWestern State College receive the Federal Grant every year. In comparison, 66% of the students are awarded the Student Grant, 11% get the Institution Grant, and 58% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,369, the State Grant receivers and Institution Grant beneficiaries get $2,157 and $4,179, respectively. On the other hand, the average aid received by the Pell Grant awardees is $2,017. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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. Every year, around 20% of the applicants to Florida SouthWestern State College opt for student loans.