$4,504

Avg. Federal Grant

$4,922

Avg. Federal Loan

$130,742

Total Aid Awarded

Arkansas Beauty College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

80%

Total Aid Amount Average Total Aid Awarded per year.

$130.742K

Financial Aid Official Website

N/A

Notably, 79% of the students at Arkansas Beauty College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $75,680. At ABC, the total percentage of applicants who receive the Federal Grant stands at 76%. In comparison, 76% of the students get the Student Grant, and 76% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,406. 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. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Arkansas Beauty College, the percentage of candidates who opt to avail of student loans is around 62%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

71%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

71%

Average Aid Awarded

Federal Grant Aid

$4,504

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,504

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,716

$30,001 - $48,000

$6,570

$48,001 - $75,000

$1,404

$75,001 - $110,000

$2,047

Over $110,000

N/A

Student Loans for Arkansas Beauty College

Average Loan Amount Average Loan Amount received per year.

$4,922/Year

Students Taking Out Loans

64%

Loan Default Rate

9.3%

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