It is interesting to note that almost every student at TCW receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $4,685,375. Notably, a total of 85% of the applicants to The College of Westchester receive the Federal Grant every year. On the other hand, 100% of the candidates get the Student Grant, 95% receive the Institution Grant, and 85% get the Pell Grant. While the Federal Grant awardees receive an average aid of $6,355, the State Grant receivers and Institution Grant beneficiaries get $3,987 and $5,119, respectively. On the other hand, the average aid received by the Pell Grant awardees is $4,867. 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. 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 84% of the applicants to The College of Westchester opt for student loans.