Among them are scholarship programs such as North Carolina Student Incentive Grant and Triangle Scholarship Program. Notably, around 61% of the students at Halifax Community College receive some kind of financial aid every year, official data shows. One can visit HCC's financial aid page at http://www.halifaxcc.edu/catalog/financial.htm for more information. At HCC, the total percentage of applicants who receive the Federal Grant stands at 57%. In comparison, 60% of the students are awarded the Student Grant, 7% get the Institution Grant, and 56% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,795, and the same stands at $2,294 for State Grant awardees and $769 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $5,148. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 2% of the applicants to Halifax Community College opt for student loans.