It is interesting to note that, every year, around 90% of students at TSC receive some kind of financial aid, while the total amount of assistance/loans provided is $2,948,542. Notably, a total of 83% of the applicants to Texas Southmost College receive the Federal Grant every year. On the other hand, 84% of the candidates get the Student Grant, 9% receive the Institution Grant, and 83% get the Pell Grant. Moreover, the average aid amount for Federal Grant awardees stands at $5,155, while the same comes to $3,172 for State Grant receivers and $820 for Institution Grant awardees. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,199. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At TSC, an estimated number of 14% of the applicants choose to go for student loans.