Students can avail of scholarships provided by the college, such as AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B, if they find educational expenses to be on the higher side. It is interesting to note that, every year, around 91% of students at TC receive some kind of financial aid. Notably, a total of 63% of the applicants to Taft College receive the Federal Grant every year. On the other hand, 91% of the candidates get the Student Grant, 35% receive the Institution Grant, and 63% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $4,989, while the same comes to $2,335 for State Grant receivers and $846 for Institution Grant awardees. And, for the Pell Grant awardees, the average aid amount is $4,269. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.