Notably, 69% of the students at Nashua Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,637,553. More information regarding the financial assistance schemes can be accessed on NCC’s official financial aid page at http://nashuacc.edu/pay-for-college/financial-aid. At NCC, the total percentage of applicants who receive the Federal Grant stands at 41%. In comparison, 44% of the students are awarded the Student Grant, 3% get the Institution Grant, and 41% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,642, while the same comes to $1,287 for State Grant receivers and $954 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,597. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period. At Nashua Community College, the percentage of candidates who opt to avail of student loans is around 43%.