$3,893

Avg. Federal Grant

$8,728

Avg. Federal Loan

$78,905

Total Aid Awarded

Advanced College of Cosmetology (ACC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

61%

Total Aid Amount Average Total Aid Awarded per year.

$78.905K

Financial Aid Official Website

N/A

It is interesting to note that, every year, around 82% of students at ACC receive some kind of financial aid, while the total amount of assistance/loans provided is $263,824. Notably, a total of 70% of the applicants to Advanced College of Cosmetology receive the Federal Grant every year. Meanwhile, 70% of the applicants receive the Student Grant, while 70% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,255. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Advanced College of Cosmetology, the percentage of candidates who opt to avail of student loans is around 76%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

57%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

57%

Average Aid Awarded

Federal Grant Aid

$3,893

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$3,893

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,893

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Advanced College of Cosmetology (ACC)

Average Loan Amount Average Loan Amount received per year.

$8,728/Year

Students Taking Out Loans

61%

Loan Default Rate

1.2%

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