Notably, 71% of the students at Florida State College at Jacksonville get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $31,729,241. More information regarding the financial assistance schemes can be accessed on FSCJ’s official financial aid page at http://www.fscj.edu/admissions-aid/financial-aid. At FSCJ, the total percentage of applicants who receive the Federal Grant stands at 48%. In comparison, 58% of the students are awarded the Student Grant, 10% get the Institution Grant, and 48% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,972, the State Grant receivers and Institution Grant beneficiaries get $2,234 and $2,976, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,722. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. 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 State College at Jacksonville opt for student loans.