It is interesting to note that, every year, around 67% of students at FRCC receive some kind of financial aid, while the total amount of assistance/loans provided is $21,650,823. At FRCC, the total percentage of applicants who receive the Federal Grant stands at 45%. On the other hand, 55% of the candidates get the Student Grant, 8% receive the Institution Grant, and 45% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,201, and the same stands at $2,515 for State Grant awardees and $1,626 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,958. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 28% of the applicants to Front Range Community College opt for student loans.