It is interesting to note that, every year, around 73% of students at QVCC receive some kind of financial aid. For additional information about financial assistance schemes, one can head over to QVCC’s financial aid page at http://qvcc.edu/financial-aid/. The total percentage of candidates applying to Quinebaug Valley Community College who receive the Federal Grant is 60%. In comparison, 69% of the students are awarded the Student Grant, 67% get the Institution Grant, and 60% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $4,571, the State Grant receivers and Institution Grant beneficiaries get $3,075 and $418, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,533. 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. 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.