Notably, around 89% of the students at Mississippi Delta Community College receive some kind of financial aid every year, official data shows. More information regarding the financial assistance schemes can be accessed on MDCC’s official financial aid page at http://www.msdelta.edu/index.php/quick-links-25/financial-aid. At MDCC, the total percentage of applicants who receive the Federal Grant stands at 89%. Meanwhile, 89% of the applicants receive the Student Grant and 40% are awarded the Institution Grant, while 76% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,400, while the same comes to $448 for State Grant receivers and $1,388 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,767. 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.