It is interesting to note that, every year, around 88% of students at VCMC receive some kind of financial aid, while the total amount of assistance/loans provided is $561,735. The total percentage of candidates applying to Valley College of Medical Careers who receive the Federal Grant is 52%. Meanwhile, 52% of the applicants receive the Student Grant, while 48% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,873. 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. Candidates are also required to repay these loans within a given period. Every year, around 44% of the applicants to Valley College of Medical Careers opt for student loans.