Students can avail of scholarships provided by the college, such as Dr. Joseph C. Basile II Memorial Scholarship, Mary E. (Nalbach) Huseby Memorial Scholarship, and Mary T. Price Scholarship, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 87% of students at PCTC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,091,639. One can visit PCTC's financial aid page at https://www.pierpont.edu/financial-aid for more information. At PCTC, the total percentage of applicants who receive the Federal Grant stands at 55%. Meanwhile, 76% of the applicants receive the Student Grant and 35% are awarded the Institution Grant, while 55% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,965, the State Grant receivers and Institution Grant beneficiaries get $2,846 and $1,823, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,306. 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. 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. At PCTC, an estimated number of 60% of the applicants choose to go for student loans.