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.