Notably, 82% of the students at St Charles Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,915,988. Notably, a total of 30% of the applicants to St Charles Community College receive the Federal Grant every year. Meanwhile, 78% of the applicants receive the Student Grant and 8% are awarded the Institution Grant, while 30% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,317, and the same stands at $2,384 for State Grant awardees and $686 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,460. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. 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. Every year, around 8% of the applicants to St Charles Community College opt for student loans.