It is interesting to note that, every year, around 58% of students at RCC receive some kind of financial aid, while the total amount of assistance/loans provided is $3,010,072. The total percentage of candidates applying to Rockland Community College who receive the Federal Grant is 38%. Meanwhile, 51% of the applicants receive the Student Grant and 4% are awarded the Institution Grant, while 38% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,806, while the same comes to $2,932 for State Grant receivers and $1,494 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,040. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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. At Rockland Community College, the percentage of candidates who opt to avail of student loans is around 12%.