Students can avail of scholarships provided by the college, such as Joseph P. Gavenonis Scholarship and Technology Scholarship, if they find educational expenses to be on the higher side. Notably, 88% of the students at Thaddeus Stevens College of Technology get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $2,806,247. One can visit TSCT's financial aid page at http://www.stevenscollege.edu/prospective-students/financial-aid for more information. At TSCT, the total percentage of applicants who receive the Federal Grant stands at 56%. On the other hand, 62% of the candidates get the Student Grant, 54% receive the Institution Grant, and 55% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,399, the State Grant receivers and Institution Grant beneficiaries get $2,426 and $5,756, respectively. And, for the Pell Grant awardees, the average aid amount is $4,286. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 50% of the applicants to Thaddeus Stevens College of Technology opt for student loans.