It is interesting to note that, every year, around 90% of students at BAIM receive some kind of financial aid, while the total amount of assistance/loans provided is $1,189,516. Notably, a total of 46% of the applicants to Brown Aveda Institute-Mentor receive the Federal Grant every year. On the other hand, 56% of the candidates get the Student Grant, 12% receive the Institution Grant, and 46% get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,041. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 85% of the applicants to Brown Aveda Institute-Mentor opt for student loans.