It is interesting to note that, every year, around 85% of students at NC receive some kind of financial aid, while the total amount of assistance/loans provided is $5,876,925. Notably, a total of 62% of the applicants to Nightingale College receive the Federal Grant every year. On the other hand, 62% of the candidates get the Student Grant, 19% receive the Institution Grant, and 62% get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,561. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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. At NC, an estimated number of 81% of the applicants choose to go for student loans.