As many as 92% of the students at RTC receive some kind of financial aid, shows the latest data. More information regarding the financial assistance schemes can be accessed on RTC’s official financial aid page at http://riveroakcollege.com/financial-aid. The total percentage of candidates applying to Riveroak Technical College who receive the Federal Grant is 88%. Meanwhile, 92% of the applicants receive the Student Grant and 4% are awarded the Institution Grant, while 88% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $3,176, while the same comes to $311 for State Grant receivers and $538 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,069. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.