$5,795

Avg. Federal Grant

$3,500

Avg. Federal Loan

$34,770

Total Aid Awarded

Career Beauty College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

22%

Total Aid Amount Average Total Aid Awarded per year.

$34.770K

Financial Aid Official Website

N/A

It is interesting to note that, every year, around 75% of students at CBC receive some kind of financial aid, while the total amount of assistance/loans provided is $25,865. Notably, a total of 75% of the applicants to Career Beauty College receive the Federal Grant every year. In comparison, 75% of the students get the Student Grant, and 75% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,026. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 17% of the applicants to Career Beauty College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$5,795

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,795

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,795

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Career Beauty College

Average Loan Amount Average Loan Amount received per year.

$3,500/Year

Students Taking Out Loans

33%

Loan Default Rate

10%

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