Notably, 93% of the students at Moberly Area Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $5,256,959. For additional information about financial assistance schemes, one can head over to MACC’s financial aid page at http://www.macc.edu/financial-aid. At MACC, the total percentage of applicants who receive the Federal Grant stands at 51%. Meanwhile, 85% of the applicants receive the Student Grant and 14% are awarded the Institution Grant, while 51% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,492, while the same comes to $2,955 for State Grant receivers and $849 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,394. 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. At Moberly Area Community College, the percentage of candidates who opt to avail of student loans is around 12%.