As many as 84% of the students at SCTCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $9,065,027 in a year. For additional information about financial assistance schemes, one can head over to SCTCC’s financial aid page at http://www.sctcc.edu/apply-aid. At SCTCC, the total percentage of applicants who receive the Federal Grant stands at 52%. Meanwhile, 67% of the applicants receive the Student Grant and 7% are awarded the Institution Grant, while 52% of the students get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,510, while the same comes to $1,700 for State Grant receivers and $1,084 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $3,655. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At SCTCC, an estimated number of 44% of the applicants choose to go for student loans.