Notably, 83% of the students at Ranger College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,434,275. One can visit RC's financial aid page at http://www.rangercollege.edu for more information. At RC, the total percentage of applicants who receive the Federal Grant stands at 45%. On the other hand, 70% of the candidates get the Student Grant, 31% receive the Institution Grant, and 45% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,187, while the same comes to $2,247 for State Grant receivers and $5,734 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,639. 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. 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. Every year, around 19% of the applicants to Ranger College opt for student loans.