It is interesting to note that, every year, around 77% of students at HCC receive some kind of financial aid, while the total amount of assistance/loans provided is $896,325. One can visit HCC's financial aid page at http://highland.edu/admissions/financial-aid for more information. The total percentage of candidates applying to Highland Community College who receive the Federal Grant is 52%. Meanwhile, 74% of the applicants receive the Student Grant and 41% are awarded the Institution Grant, while 52% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,763, while the same comes to $1,198 for State Grant receivers and $1,831 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,081. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 HCC, an estimated number of 11% of the applicants choose to go for student loans.