As many as 92% of the students at MCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,417,450 in a year. One can visit MCC's financial aid page at http://www.meridiancc.edu/financialaid/ for more information. Notably, a total of 67% of the applicants to Meridian Community College receive the Federal Grant every year. Meanwhile, 92% of the applicants receive the Student Grant and 47% are awarded the Institution Grant, while 67% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,533, and the same stands at $626 for State Grant awardees and $2,466 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $4,364. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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. At Meridian Community College, the percentage of candidates who opt to avail of student loans is around 12%.