Such schemes include Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Military Service Recognition Scholarships, and New York State Scholarship for Academic Excellence. Notably, 86% of the students at SUNY Broome Community College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $13,005,991. For additional information about financial assistance schemes, one can head over to SBCC’s financial aid page at http://www.sunybroome.edu/finances. The total percentage of candidates applying to SUNY Broome Community College who receive the Federal Grant is 59%. On the other hand, 77% of the candidates get the Student Grant, 22% receive the Institution Grant, and 59% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,904, while the same comes to $2,877 for State Grant receivers and $1,182 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,403. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. Every year, around 51% of the applicants to SUNY Broome Community College opt for student loans.