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.