As many as 96% of the students at TC get some sort of financial aid, and the total amount of assistance/loans provided is more than $7,264,460 in a year. Notably, a total of 64% of the applicants to Trocaire College receive the Federal Grant every year. On the other hand, 86% of the candidates get the Student Grant, 80% receive the Institution Grant, and 64% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,919, and the same stands at $3,735 for State Grant awardees and $2,185 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $3,657. 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. 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. Every year, around 79% of the applicants to Trocaire College opt for student loans.