It is interesting to note that, every year, around 87% of students at PHCC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,864,982. More information regarding the financial assistance schemes can be accessed on PHCC’s official financial aid page at http://www.pennhighlands.edu/admissions/financial-aid. The total percentage of candidates applying to Pennsylvania Highlands Community College who receive the Federal Grant is 55%. In comparison, 63% of the students are awarded the Student Grant, 5% get the Institution Grant, and 55% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,409, while the same comes to $2,537 for State Grant receivers and $3,141 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,012. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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 PHCC, an estimated number of 58% of the applicants choose to go for student loans.