$6,310

Avg. Federal Grant

$11,736

Avg. Federal Loan

$250,764

Total Aid Awarded

American College of Hairstyling-Des Moines Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

83%

Total Aid Amount Average Total Aid Awarded per year.

$250.764K

Financial Aid Official Website

https://www.americancollegeofhair.com/AdmissionTuition

As many as 70% of the students at ACHDM get some sort of financial aid, and the total amount of assistance/loans provided is more than $245,529 in a year. The total percentage of candidates applying to American College of Hairstyling-Des Moines who receive the Federal Grant is 55%. Meanwhile, 55% of the applicants receive the Student Grant and 15% are awarded the Institution Grant, while 55% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $7,003, and the same stands at $135 for State Grant awardees and $448 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,804. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At ACHDM, an estimated number of 65% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

71%

State Grant Aid

14%

Institution Grant Aid

N/A

Pell Grant

71%

Average Aid Awarded

Federal Grant Aid

$6,310

State Grant Aid

$250

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

$5,736

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

$3,740

Over $110,000

N/A

Student Loans for American College of Hairstyling-Des Moines

Average Loan Amount Average Loan Amount received per year.

$11,736/Year

Students Taking Out Loans

93%

Loan Default Rate

9.3%

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