As many as 95% of the students at GC get some sort of financial aid, and the total amount of assistance/loans provided is more than $7,722,282 in a year. At GC, the total percentage of applicants who receive the Federal Grant stands at 33%. In comparison, 95% of the students are awarded the Student Grant, 95% get the Institution Grant, and 33% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,965, and the same stands at $3,383 for State Grant awardees and $15,597 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,001. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At GC, an estimated number of 58% of the applicants choose to go for student loans.