Notably, 96% of the students at Spartanburg Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,602,039. At SCC, the total percentage of applicants who receive the Federal Grant stands at 65%. In comparison, 96% of the students are awarded the Student Grant, 7% get the Institution Grant, and 64% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $6,141, and the same stands at $4,523 for State Grant awardees and $2,278 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,248. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. Candidates are also required to repay these loans within a given period. At SCC, an estimated number of 8% of the applicants choose to go for student loans.