Notably, 81% of the students at Greenfield Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,123,651. For additional information about financial assistance schemes, one can head over to GCC’s financial aid page at http://www.gcc.mass.edu/admissions. Notably, a total of 63% of the applicants to Greenfield Community College receive the Federal Grant every year. Meanwhile, 81% of the applicants receive the Student Grant and 20% are awarded the Institution Grant, while 54% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $3,574, while the same comes to $949 for State Grant receivers and $1,167 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,208. 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. 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 GCC, an estimated number of 17% of the applicants choose to go for student loans.