$5,910

Avg. Federal Grant

$7,083

Avg. Federal Loan

$121,187

Total Aid Awarded

American College of Hair Design Inc Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$121.187K

Financial Aid Official Website

N/A

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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

70%

State Grant Aid

20%

Institution Grant Aid

N/A

Pell Grant

70%

Average Aid Awarded

Federal Grant Aid

$5,910

State Grant Aid

$2,850

Institution Grant Aid

N/A

Pell Grant

$5,910

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$6,860

$30,001 - $48,000

$5,288

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for American College of Hair Design Inc

Average Loan Amount Average Loan Amount received per year.

$7,083/Year

Students Taking Out Loans

60%

Loan Default Rate

11.5%

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