$5,920

Avg. Federal Grant

N/A

Avg. Federal Loan

$153,692

Total Aid Awarded

Borners Barber College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

72%

Total Aid Amount Average Total Aid Awarded per year.

$153.692K

Financial Aid Official Website

www.bornersbarbercollege.com

It is interesting to note that, every year, around 75% of students at BBC receive some kind of financial aid. Notably, a total of 75% of the applicants to Borner's Barber College receive the Federal Grant every year. Meanwhile, 75% of the applicants receive the Student Grant, while 75% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,068. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans 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

$5,920

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,920

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,920

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

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