Notably, 77% of the students at Avalon School of Cosmetology-Alameda get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $538,865. Notably, a total of 66% of the applicants to Avalon School of Cosmetology-Alameda receive the Federal Grant every year. In comparison, 68% of the students are awarded the Student Grant, 4% get the Institution Grant, and 66% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,018. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At ASCA, an estimated number of 56% of the applicants choose to go for student loans.