As many as 96% of the students at SGTC receive some kind of financial aid, shows the latest data. At SGTC, the total percentage of applicants who receive the Federal Grant stands at 78%. Meanwhile, 92% of the applicants receive the Student Grant and 5% are awarded the Institution Grant, while 78% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $7,773, while the same comes to $2,835 for State Grant receivers and $7,650 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $7,634. 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. Every year, around 2% of the applicants to South Georgia Technical College opt for student loans.