Notably, 68% of the students at Los Angeles Pierce College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,604,113. One can visit LAPC's financial aid page at http://www.piercecollege.edu/offices/financial_aid/ for more information. Notably, a total of 44% of the applicants to Los Angeles Pierce College receive the Federal Grant every year. On the other hand, 68% of the candidates get the Student Grant, while 44% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,088. 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. At LAPC, an estimated number of 2% of the applicants choose to go for student loans.