Among them are scholarship programs such as Chapter 105 - Memphis - Les Segar Memorial Scholarship, Dr. Richard Forrest & Ella Dudney Kelsey Memorial Scholarship, Tennessee HOPE Scholarship, and Tennessee Student Assistance Award. Notably, around 82% of the students at Tennessee College of Applied Technology-Crump receive some kind of financial aid every year, official data shows. At TCATC, the total percentage of applicants who receive the Federal Grant stands at 68%. In comparison, 82% of the students are awarded the Student Grant, 4% get the Institution Grant, and 68% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $2,611, the State Grant receivers and Institution Grant beneficiaries get $1,189 and $814, respectively. And, for the Pell Grant awardees, the average aid amount is $2,614. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe.