As many as 93% of the students at YTC get some sort of financial aid, and the total amount of assistance/loans provided is more than $3,543,181 in a year. More information regarding the financial assistance schemes can be accessed on YTC’s official financial aid page at http://www.yorktech.edu/financial-aid/. The total percentage of candidates applying to York Technical College who receive the Federal Grant is 50%. In comparison, 92% of the students get the Student Grant, and 50% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,226. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 19% of the applicants to York Technical College opt for student loans.