Notably, 91% of the students at Moreno Valley College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $833,742. At MVC, the total percentage of applicants who receive the Federal Grant stands at 58%. On the other hand, 91% of the candidates get the Student Grant, 47% receive the Institution Grant, and 58% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,983, and the same stands at $2,586 for State Grant awardees and $446 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $3,764. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 1% of the applicants to Moreno Valley College opt for student loans.