As many as 99% of the students at PC receive some kind of financial aid, shows the latest data. More information regarding the financial assistance schemes can be accessed on PC’s official financial aid page at http://www.principiacollege.edu/finaid. In comparison, 99% of the students are awarded the Student Grant, while 99% of the applicants receive the Institution Grant. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. At Principia College, the percentage of candidates who opt to avail of student loans is around 52%.