Such schemes include Virginia Military Survivors and Dependents Education Program. As many as 68% of the students at JSRCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $5,375,571 in a year. Notably, a total of 52% of the applicants to J Sargeant Reynolds Community College receive the Federal Grant every year. Meanwhile, 63% of the applicants receive the Student Grant and 10% are awarded the Institution Grant, while 52% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,662, the State Grant receivers and Institution Grant beneficiaries get $1,257 and $1,523, respectively. And, for the Pell Grant awardees, the average aid amount is $3,067. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At JSRCC, an estimated number of 10% of the applicants choose to go for student loans.