Such schemes include Dr. Allen Smith Memorial Scholarship, Educational Assistance Commitment Grant, James R. Hunt Memorial Scholarship, and Larry and Doris Clark Scholarship. Notably, 90% of the students at Hocking College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $8,240,342. One can visit HC's financial aid page at http://www.hocking.edu/financial-aid for more information. At HC, the total percentage of applicants who receive the Federal Grant stands at 61%. In comparison, 68% of the students are awarded the Student Grant, 15% get the Institution Grant, and 61% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $2,701. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Hocking College, the percentage of candidates who opt to avail of student loans is around 74%.