As many as 83% of the students at BBC get some sort of financial aid, and the total amount of assistance/loans provided is more than $412,959 in a year. At BBC, the total percentage of applicants who receive the Federal Grant stands at 80%. On the other hand, 80% of the candidates get the Student Grant, while 80% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,541. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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. Every year, around 78% of the applicants to Boise Barber College opt for student loans.