Notably, 77% of the students at Wayne County Community College District get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $10,855,498. At WCCCD, the total percentage of applicants who receive the Federal Grant stands at 74%. In comparison, 77% of the students are awarded the Student Grant, 1% get the Institution Grant, and 74% of the applicants receive the Pell Grant. While the Federal Grant awardees receive an average aid of $5,502, the State Grant receivers and Institution Grant beneficiaries get $2,752 and $2,491, respectively. On the other hand, the average aid received by the Pell Grant awardees is $3,760. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At WCCCD, an estimated number of 23% of the applicants choose to go for student loans.