Such schemes include AMVETS Post #100 Scholarship, August & Edna Zahatko Scholarship, Grant Program for Descendants of Police, Fire, or Correctional Officers, and Illinois Incentive for Access. As many as 88% of the students at FC get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,578,300 in a year. At FC, the total percentage of applicants who receive the Federal Grant stands at 59%. On the other hand, 72% of the candidates get the Student Grant, 13% receive the Institution Grant, and 59% get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,196, the State Grant receivers and Institution Grant beneficiaries get $4,581 and $1,000, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,263. 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. Candidates are also required to repay these loans within a given period. At FC, an estimated number of 84% of the applicants choose to go for student loans.