As many as 76% of the students at VGCC receive some kind of financial aid, shows the latest data. One can visit VGCC's financial aid page at http://www.vgcc.edu/fao for more information. At VGCC, the total percentage of applicants who receive the Federal Grant stands at 53%. Meanwhile, 74% of the applicants receive the Student Grant and 32% are awarded the Institution Grant, while 53% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $7,302, and the same stands at $1,917 for State Grant awardees and $866 for Institution Grant recipients. On the other hand, the average aid received by the Pell Grant awardees is $7,242. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 2% of the applicants to Vance-Granville Community College opt for student loans.