It is interesting to note that, every year, around 99% of students at HCTC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,383,040. More information regarding the financial assistance schemes can be accessed on HCTC’s official financial aid page at https://hazard.kctcs.edu/affording-college. Notably, a total of 83% of the applicants to Hazard Community and Technical College receive the Federal Grant every year. In comparison, 98% of the students are awarded the Student Grant, 17% get the Institution Grant, and 83% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,770, the State Grant receivers and Institution Grant beneficiaries get $2,255 and $1,985, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,270. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Hazard Community and Technical College, the percentage of candidates who opt to avail of student loans is around 20%.