It is interesting to note that, every year, around 83% of students at HCMT receive some kind of financial aid, while the total amount of assistance/loans provided is $1,042,206. For additional information about financial assistance schemes, one can head over to HCMT’s financial aid page at https://www.mtech.edu/financial-aid/. The total percentage of candidates applying to Highlands College of Montana Tech who receive the Federal Grant is 42%. On the other hand, 53% of the candidates get the Student Grant, 18% receive the Institution Grant, and 42% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,787, while the same comes to $4,648 for State Grant receivers and $3,074 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,472. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. At Highlands College of Montana Tech, the percentage of candidates who opt to avail of student loans is around 52%.