As many as 95% of the students at SC get some sort of financial aid, and the total amount of assistance/loans provided is more than $216,999 in a year. Notably, a total of 74% of the applicants to Sterling College receive the Federal Grant every year. On the other hand, 95% of the candidates get the Student Grant, 84% receive the Institution Grant, and 74% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,490, while the same comes to $1,571 for State Grant receivers and $26,706 for Institution Grant awardees. On the other hand, the average aid received by the Pell Grant awardees is $4,432. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Sterling College, the percentage of candidates who opt to avail of student loans is around 74%.