$3,243

Avg. Federal Grant

$9,520

Avg. Federal Loan

$137,988

Total Aid Awarded

Champion Beauty College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

78%

Total Aid Amount Average Total Aid Awarded per year.

$137.988K

Financial Aid Official Website

N/A

As many as 81% of the students at CBC get some sort of financial aid, and the total amount of assistance/loans provided is more than $276,457 in a year. The total percentage of candidates applying to Champion Beauty College who receive the Federal Grant is 81%. Meanwhile, 81% of the applicants receive the Student Grant, while 81% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $2,220. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At CBC, an estimated number of 81% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

81%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

81%

Average Aid Awarded

Federal Grant Aid

$3,243

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$3,243

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,105

$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 Champion Beauty College

Average Loan Amount Average Loan Amount received per year.

$9,520/Year

Students Taking Out Loans

59%

Loan Default Rate

4.9%

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