Students can avail of scholarships provided by the college, such as Aid to Native Americans, Albert E. Wischmeyer Memorial Scholarship, Military Service Recognition Scholarships, and New York State Scholarship for Academic Excellence, if they find educational expenses to be on the higher side. Notably, 50% of the students at The International Culinary Center get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,285,285. At TICC, the total percentage of applicants who receive the Federal Grant stands at 32%. In comparison, 48% of the students are awarded the Student Grant, 33% get the Institution Grant, and 32% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,386. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period. At The International Culinary Center, the percentage of candidates who opt to avail of student loans is around 19%.