Students can avail of scholarships provided by the college, such as Albert M. Lappin Scholarship, Hansen Leaders of Tomorrow, Hansen Student Scholarship, and Hugh A. Smith Scholarship, if they find educational expenses to be on the higher side. Notably, 86% of the students at Salina Area Technical College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $510,293. For additional information about financial assistance schemes, one can head over to SATC’s financial aid page at http://www.salinatech.edu/financial-aid/. Notably, a total of 56% of the applicants to Salina Area Technical College receive the Federal Grant every year. Meanwhile, 73% of the applicants receive the Student Grant and 3% are awarded the Institution Grant, while 48% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,680. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Salina Area Technical College, the percentage of candidates who opt to avail of student loans is around 39%.