Such schemes include Educational Foundation of the KYCPA Scholarships and Mary Jo Young Dual Credit Scholarship. Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,445,353. More information regarding the financial assistance schemes can be accessed on HCC’s official financial aid page at https://hopkinsville.kctcs.edu/affording-college/tuition-costs/index.aspx. At HCC, the total percentage of applicants who receive the Federal Grant stands at 63%. On the other hand, 95% of the candidates get the Student Grant, 22% receive the Institution Grant, and 63% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,640, while the same comes to $2,225 for State Grant receivers and $1,631 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,666. 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 12% of the applicants choose to go for student loans.