Such schemes include Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. As many as 81% of the students at WTC get some sort of financial aid, and the total amount of assistance/loans provided is more than $8,454,727 in a year. The total percentage of candidates applying to Western Technical College who receive the Federal Grant is 47%. Meanwhile, 63% of the applicants receive the Student Grant and 28% are awarded the Institution Grant, while 47% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,035, the State Grant receivers and Institution Grant beneficiaries get $1,185 and $1,446, respectively. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,965. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At WTC, an estimated number of 53% of the applicants choose to go for student loans.