It is interesting to note that, every year, around 57% of students at ABC receive some kind of financial aid. Notably, a total of 57% of the applicants to Advance Beauty College receive the Federal Grant every year. On the other hand, 57% of the candidates get the Student Grant, while 57% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,206. 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. Candidates are also required to repay these loans within a given period.