As many as 77% of the students at LSCPA get some sort of financial aid, and the total amount of assistance/loans provided is more than $2,343,091 in a year. At LSCPA, the total percentage of applicants who receive the Federal Grant stands at 55%. Meanwhile, 72% of the applicants receive the Student Grant and 27% are awarded the Institution Grant, while 54% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,116, and the same stands at $1,595 for State Grant awardees and $3,845 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,671. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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 69% of the applicants to Lamar State College-Port Arthur opt for student loans.