Interestingly, almost all of the students at HMC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $2,050,914 in a year. The total percentage of candidates applying to Hawaii Medical College who receive the Federal Grant is 58%. In comparison, 58% of the students get the Student Grant, and 58% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,918. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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. Every year, around 49% of the applicants to Hawaii Medical College opt for student loans.