It is interesting to note that, every year, around 69% of students at TSCC receive some kind of financial aid, while the total amount of assistance/loans provided is $3,809,015. Notably, a total of 44% of the applicants to Terra State Community College receive the Federal Grant every year. Meanwhile, 67% of the applicants receive the Student Grant and 37% are awarded the Institution Grant, while 44% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,623. 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. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 37% of the applicants to Terra State Community College opt for student loans.