It is interesting to note that, every year, around 68% of students at CBBC receive some kind of financial aid. Notably, a total of 68% of the applicants to California Barber and Beauty College receive the Federal Grant every year. On the other hand, 68% of the candidates get the Student Grant, while 68% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,976. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe.