As many as 92% of the students at TCATJ receive some kind of financial aid, shows the latest data. At TCATJ, the total percentage of applicants who receive the Federal Grant stands at 66%. In comparison, 92% of the students are awarded the Student Grant, 7% get the Institution Grant, and 66% of the applicants receive the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,339, and the same stands at $2,465 for State Grant awardees and $672 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,352. 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.