It is interesting to note that, every year, around 94% of students at LCC receive some kind of financial aid, while the total amount of assistance/loans provided is $816,683. The total percentage of candidates applying to Lamar Community College who receive the Federal Grant is 59%. On the other hand, 91% of the candidates get the Student Grant, 68% receive the Institution Grant, and 59% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,209, while the same comes to $2,238 for State Grant receivers and $3,331 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,188. 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. Every year, around 45% of the applicants to Lamar Community College opt for student loans.