It is interesting to note that, every year, around 64% of students at SWCC receive some kind of financial aid, while the total amount of assistance/loans provided is $3,750,254. The total percentage of candidates applying to SUNY Westchester Community College who receive the Federal Grant is 53%. On the other hand, 61% of the candidates get the Student Grant, 2% receive the Institution Grant, and 53% get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,150, the State Grant receivers and Institution Grant beneficiaries get $2,397 and $550, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,274. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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 SWCC, an estimated number of 7% of the applicants choose to go for student loans.