It is interesting to note that, every year, around 91% of students at JC receive some kind of financial aid, while the total amount of assistance/loans provided is $32,082,602. Notably, a total of 79% of the applicants to Jersey College receive the Federal Grant every year. In comparison, 79% of the students get the Student Grant, and 79% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,218. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. Candidates are also required to repay these loans within a given period. At Jersey College, the percentage of candidates who opt to avail of student loans is around 89%.