Such schemes include CCNMA Scholarship, Cal Grant A, Cal Grant B, and College Fee Waiver. It is interesting to note that, every year, around 54% of students at OCC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,258,366. More information regarding the financial assistance schemes can be accessed on OCC’s official financial aid page at http://www.orangecoastcollege.edu/student_services/financial_aid/. At OCC, the total percentage of applicants who receive the Federal Grant stands at 32%. On the other hand, 54% of the candidates get the Student Grant, while 32% receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,942. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. At OCC, an estimated number of 2% of the applicants choose to go for student loans.