Notably, around 60% of the students at Lorenzo Walker Technical College receive some kind of financial aid every year, official data shows. One can visit LWTC's financial aid page at http://lwtc.edu/admissions/financial-aid for more information. The total percentage of candidates applying to Lorenzo Walker Technical College who receive the Federal Grant is 41%. On the other hand, 60% of the candidates get the Student Grant, 9% receive the Institution Grant, and 38% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,448, the State Grant receivers and Institution Grant beneficiaries get $2,649 and $1,341, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,363. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe.