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.