It is interesting to note that, every year, around 69% of students at GITMC receive some kind of financial aid, while the total amount of assistance/loans provided is $23,701,805. Notably, a total of 10% of the applicants to Georgia Institute of Technology-Main Campus receive the Federal Grant every year. Meanwhile, 66% of the applicants receive the Student Grant and 26% are awarded the Institution Grant, while 10% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,231, and the same stands at $9,802 for State Grant awardees and $12,608 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,508. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. At Georgia Institute of Technology-Main Campus, the percentage of candidates who opt to avail of student loans is around 23%.