As many as 74% of the students at LMC get some sort of financial aid, and the total amount of assistance/loans provided is more than $751,057 in a year. More information regarding the financial assistance schemes can be accessed on LMC’s official financial aid page at http://www.losmedanos.edu/financialaid/. Notably, a total of 38% of the applicants to Los Medanos College receive the Federal Grant every year. In comparison, 71% of the students get the Student Grant, and 38% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,798. 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. 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. Every year, around 1% of the applicants to Los Medanos College opt for student loans.