It is interesting to note that, every year, around 95% of students at OC receive some kind of financial aid, while the total amount of assistance/loans provided is $947,113. One can visit OC's financial aid page at http://www.ozarka.edu/finaid/ for more information. The total percentage of candidates applying to Ozarka College who receive the Federal Grant is 95%. On the other hand, 95% of the candidates get the Student Grant, 29% receive the Institution Grant, and 84% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,618, the State Grant receivers and Institution Grant beneficiaries get $1,196 and $2,032, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,556. 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. 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 OC, an estimated number of 20% of the applicants choose to go for student loans.