$5,775

Avg. Federal Grant

$7,500

Avg. Federal Loan

$764,682

Total Aid Awarded

Arkansas College of Barbering and Hair Design Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$764.682K

Financial Aid Official Website

www.arkansascollegeofbarbering.com

It is interesting to note that, every year, a substantial number of students at ACBHD receive some kind of financial aid, and the total amount of the assistance/loans provided stands at $497,696. And, for the Pell Grant awardees, the average aid amount is $5,079. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

50%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

50%

Average Aid Awarded

Federal Grant Aid

$5,775

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,775

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,775

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Arkansas College of Barbering and Hair Design

Average Loan Amount Average Loan Amount received per year.

$7,500/Year

Students Taking Out Loans

100%

Loan Default Rate

20.8%

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