It is interesting to note that, every year, around 95% of students at HTSMC receive some kind of financial aid. At HTSMC, the total percentage of applicants who receive the Federal Grant stands at 95%. Meanwhile, 95% of the applicants receive the Student Grant and 24% are awarded the Institution Grant, while 95% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,984. 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. 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.