It is interesting to note that, every year, around 78% of students at NPC receive some kind of financial aid. More information regarding the financial assistance schemes can be accessed on NPC’s official financial aid page at http://www.npc.edu/financial-aid/scholarships. Notably, a total of 63% of the applicants to Northland Pioneer College receive the Federal Grant every year. On the other hand, 78% of the candidates get the Student Grant, 44% receive the Institution Grant, and 63% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,246, the State Grant receivers and Institution Grant beneficiaries get $775 and $1,755, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,658. 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.