Notably, 95% of the students at Arthur's Beauty School Inc-Conway get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $405,792. At ABSIC, the total percentage of applicants who receive the Federal Grant stands at 85%. In comparison, 87% of the students are awarded the Student Grant, 5% get the Institution Grant, and 85% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,177. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Candidates are also required to repay these loans within a given period. At Arthur's Beauty School Inc-Conway, the percentage of candidates who opt to avail of student loans is around 82%.