Notably, around 50% of the students at Cannella School of Hair Design-Villa Park receive some kind of financial aid every year, official data shows. At CSHDVP, the total percentage of applicants who receive the Federal Grant stands at 50%. On the other hand, 50% of the candidates get the Student Grant, while 50% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,234. 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. Candidates are also required to repay these loans within a given period.