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.