Notably, almost all of the students at college get some kind of financial aid every year. At SCH, the total percentage of applicants who receive the Federal Grant stands at 100%. On the other hand, 100% of the candidates get the Student Grant, while 100% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,550. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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.