Notably, 72% of the students at Nassau Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $12,744,876. The total percentage of candidates applying to Nassau Community College who receive the Federal Grant is 55%. Meanwhile, 65% of the applicants receive the Student Grant, while 55% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,548. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At NCC, an estimated number of 15% of the applicants choose to go for student loans.