$4,685

Avg. Federal Grant

$7,968

Avg. Federal Loan

$1,249,659

Total Aid Awarded

Alamo City Barber College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

72%

Total Aid Amount Average Total Aid Awarded per year.

$1.250M

Financial Aid Official Website

www.alamocitybarbercollege.com/title-iv-funding-2/

As many as 94% of the students at ACBC get some sort of financial aid, and the total amount of assistance/loans provided is more than $832,323 in a year. The total percentage of candidates applying to Alamo City Barber College who receive the Federal Grant is 85%. On the other hand, 85% of the candidates get the Student Grant, while 85% receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,846. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At Alamo City Barber College, the percentage of candidates who opt to avail of student loans is around 85%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

87%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

87%

Average Aid Awarded

Federal Grant Aid

$4,685

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,685

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,553

$30,001 - $48,000

$1,070

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

$2,960

Student Loans for Alamo City Barber College

Average Loan Amount Average Loan Amount received per year.

$7,968/Year

Students Taking Out Loans

85%

Loan Default Rate

38.8%

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