Notably, around 89% of the students at South Dade Technical College receive some kind of financial aid every year, official data shows. At SDTC, the total percentage of applicants who receive the Federal Grant stands at 39%. In comparison, 89% of the students are awarded the Student Grant, 46% get the Institution Grant, and 21% of the applicants receive the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $3,382, while the same comes to $1,144 for State Grant receivers and $674 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,370. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.