Such schemes include Chapter 105 - Memphis - Les Segar Memorial Scholarship, Dr. Richard Forrest & Ella Dudney Kelsey Memorial Scholarship, Tennessee HOPE Scholarship, and Tennessee Student Assistance Award. It is interesting to note that, every year, around 94% of students at TCATH receive some kind of financial aid. Notably, a total of 56% of the applicants to Tennessee College of Applied Technology-Hartsville receive the Federal Grant every year. Meanwhile, 94% of the applicants receive the Student Grant, while 56% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $2,740. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.