Such schemes include AWA Scholarship Awards, CCNMA Scholarship, Cal Grant A, and Cal Grant B. As many as 98% of the students at WC get some sort of financial aid, and the total amount of assistance/loans provided is more than $7,980,337 in a year. At WC, the total percentage of applicants who receive the Federal Grant stands at 38%. Meanwhile, 98% of the applicants receive the Student Grant and 98% are awarded the Institution Grant, while 38% of the students get the Pell Grant. While the Federal Grant awardees receive an average aid of $5,637, the State Grant receivers and Institution Grant beneficiaries get $8,394 and $27,163, respectively. And, for the Pell Grant awardees, the average aid amount is $4,916. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At WC, an estimated number of 70% of the applicants choose to go for student loans.