Students can avail of scholarships provided by the college, such as Art and Helen Nickless Scholarship, Auburn Jaycees Education Scholarship, Bay City Civitan/Marcella Barber Scholarship, and Bay City Kiwanis Educational Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 76% of students at KVCC receive some kind of financial aid, while the total amount of assistance/loans provided is $6,719,843. One can visit KVCC's financial aid page at https://www.kvcc.edu/admissions/finaid/ for more information. At KVCC, the total percentage of applicants who receive the Federal Grant stands at 49%. On the other hand, 68% of the candidates get the Student Grant, 35% receive the Institution Grant, and 49% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,134, while the same comes to $2,937 for State Grant receivers and $1,592 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $3,777. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Kalamazoo Valley Community College, the percentage of candidates who opt to avail of student loans is around 22%.