Such schemes include TVWS Scholarship. Notably, 80% of the students at Folsom Lake College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,175,711. One can visit FLC's financial aid page at http://www.flc.losrios.edu/student-services/student-aid/financial-aid for more information. Notably, a total of 29% of the applicants to Folsom Lake College receive the Federal Grant every year. In comparison, 80% of the students are awarded the Student Grant, 1% get the Institution Grant, and 29% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,536, and the same stands at $1,560 for State Grant awardees and $874 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,488. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 1% of the applicants to Folsom Lake College opt for student loans.