Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $4,043,616. One can visit PC's financial aid page at http://www.presentation.edu/tuition-aid/ for more information. Notably, a total of 44% of the applicants to Presentation College receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant and 100% are awarded the Institution Grant, while 44% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,555, the State Grant receivers and Institution Grant beneficiaries get $1,256 and $9,678, respectively. And, for the Pell Grant awardees, the average aid amount is $3,805. 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. Those with a family income below $30,000 per annum, would get an average federal aid of $15,145 in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $13,775 and $11,063, respectively. Those with an annual income level of $75,001-$110,000 would receive $10,319, while candidates with more than $110,000 of family income receive an average federal aid of $10,785. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At PC, an estimated number of 96% of the applicants choose to go for student loans.