Notably, 94% of the students at Hondros College of Nursing get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $17,015,668. The total percentage of candidates applying to Hondros College of Nursing who receive the Federal Grant is 84%. On the other hand, 84% of the candidates get the Student Grant, while 84% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $7,127. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 84% of the applicants to Hondros College of Nursing opt for student loans.