Such schemes include All Iowa Opportunity Foster Care Grant, August & Edna Zahatko Scholarship, Bill & Hilda Macomber Alta Kahl Scholarship, and Governor Terry E. Brandstad Iowa State Fair Scholarship. As many as 77% of the students at SCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $954,639 in a year. At SCC, the total percentage of applicants who receive the Federal Grant stands at 61%. On the other hand, 69% of the candidates get the Student Grant, 9% receive the Institution Grant, and 61% get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,001, the State Grant receivers and Institution Grant beneficiaries get $2,073 and $1,615, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,696. 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 Southwestern Community College, the percentage of candidates who opt to avail of student loans is around 6%.