Notably, 84% of the students at Granite State College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,941,439. For additional information about financial assistance schemes, one can head over to GSC’s financial aid page at https://www.granite.edu/finaid.php. The total percentage of candidates applying to Granite State College who receive the Federal Grant is 67%. In comparison, 71% of the students are awarded the Student Grant, 7% get the Institution Grant, and 67% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,619, and the same stands at $846 for State Grant awardees and $2,699 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,576. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At GSC, an estimated number of 76% of the applicants choose to go for student loans.