It is interesting to note that, every year, around 86% of students at ACHDI receive some kind of financial aid, while the total amount of assistance/loans provided is $108,696. Notably, a total of 86% of the applicants to American College of Hair Design Inc receive the Federal Grant every year. On the other hand, 86% of the candidates get the Student Grant, 14% receive the Institution Grant, and 86% get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,415. 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. 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. Every year, around 43% of the applicants to American College of Hair Design Inc opt for student loans.