It is interesting to note that, every year, around 78% of students at SAC receive some kind of financial aid, while the total amount of assistance/loans provided is $6,636,633. One can visit SAC's financial aid page at http://www.alamo.edu/district/financial-aid/ for more information. At SAC, the total percentage of applicants who receive the Federal Grant stands at 60%. On the other hand, 77% of the candidates get the Student Grant, 9% receive the Institution Grant, and 60% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,418, the State Grant receivers and Institution Grant beneficiaries get $1,701 and $1,775, respectively. And, for the Pell Grant awardees, the average aid amount is $4,317. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. At SAC, an estimated number of 7% of the applicants choose to go for student loans.