It is interesting to note that, every year, around 83% of students at LTC receive some kind of financial aid. For additional information about financial assistance schemes, one can head over to LTC’s financial aid page at http://www.laniertech.edu. The total percentage of candidates applying to Lanier Technical College who receive the Federal Grant is 49%. Meanwhile, 80% of the applicants receive the Student Grant, while 47% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,592. 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. 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 Lanier Technical College, the percentage of candidates who opt to avail of student loans is around 2%.