Students can avail of scholarships provided by the college, such as C.G. Fuller Foundation Scholarship and LinkScholars Program, if they find educational expenses to be on the higher side. Notably, 71% of the students at Carolina College of Hair Design get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $142,809. At CCHD, the total percentage of applicants who receive the Federal Grant stands at 60%. Meanwhile, 60% of the applicants receive the Student Grant, while 60% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,370. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Every year, around 52% of the applicants to Carolina College of Hair Design opt for student loans.