Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,005,548. Notably, a total of 63% of the applicants to The Baptist College of Florida receive the Federal Grant every year. On the other hand, 96% of the candidates get the Student Grant, 85% receive the Institution Grant, and 59% get the Pell Grant. While the Federal Grant awardees receive an average aid of $4,253, the State Grant receivers and Institution Grant beneficiaries get $4,560 and $1,926, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,889. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Students whose family income per annum is less than $30,000 will receive a federal aid of $8,699 on average in a year. For the $30,001-$48,000 and $48,001-$75,000 family income brackets, the average aid amount stands at $6,492 and $5,072, respectively. Meanwhile, the average federal aid for students in the $75,001-$110,000 income bracket is $4,838. And, for those with a family income of more than $110,000, the amount stands at $4,350. 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. At TBCF, an estimated number of 41% of the applicants choose to go for student loans.