It is interesting to note that, every year, around 50% of students at RCHC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,823,385. More information regarding the financial assistance schemes can be accessed on RCHC’s official financial aid page at http://www.riversideonline.com/rshc/financial-aid.cfm. Notably, a total of 17% of the applicants to Riverside College of Health Careers receive the Federal Grant every year. Meanwhile, 17% of the applicants receive the Student Grant, while 17% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $2,685. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Those with a family income below $30,000 per annum, would get an average federal aid of $5,815 in a year. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Riverside College of Health Careers, the percentage of candidates who opt to avail of student loans is around 17%.