Notably, 74% of the students at Palm Beach State College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,901,708. One can visit PBSC's financial aid page at http://www.palmbeachstate.edu/FinancialAid for more information. Notably, a total of 58% of the applicants to Palm Beach State College receive the Federal Grant every year. On the other hand, 67% of the candidates get the Student Grant, 14% receive the Institution Grant, and 58% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,394, the State Grant receivers and Institution Grant beneficiaries get $1,874 and $2,408, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,850. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. Candidates are also required to repay these loans within a given period. Every year, around 8% of the applicants to Palm Beach State College opt for student loans.