It is interesting to note that, every year, around 75% of students at SCC receive some kind of financial aid, while the total amount of assistance/loans provided is $1,429,147. Notably, a total of 50% of the applicants to South Coast College receive the Federal Grant every year. Meanwhile, 50% of the applicants receive the Student Grant, while 50% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,179. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At SCC, an estimated number of 75% of the applicants choose to go for student loans.