As many as 84% of the students at WMCT receive some kind of financial aid, shows the latest data. At WMCT, the total percentage of applicants who receive the Federal Grant stands at 63%. Meanwhile, 84% of the applicants receive the Student Grant and 45% are awarded the Institution Grant, while 63% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $4,655, and the same stands at $1,828 for State Grant awardees and $1,146 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,158. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe.