$4,471

Avg. Federal Grant

$5,716

Avg. Federal Loan

$268,387

Total Aid Awarded

Citrus Heights Beauty College (CHBC) Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

39%

Total Aid Amount Average Total Aid Awarded per year.

$268.387K

Financial Aid Official Website

chbeautycollege.com/financial-aid/

It is interesting to note that, every year, around 70% of students at CHBC receive some kind of financial aid, while the total amount of assistance/loans provided is $472,800. Notably, a total of 48% of the applicants to Citrus Heights Beauty College receive the Federal Grant every year. Meanwhile, 48% of the applicants receive the Student Grant, while 48% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,260. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for 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 Citrus Heights Beauty College, the percentage of candidates who opt to avail of student loans is around 65%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

27%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

27%

Average Aid Awarded

Federal Grant Aid

$4,471

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,471

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,048

$30,001 - $48,000

$5,270

$48,001 - $75,000

$968

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Citrus Heights Beauty College (CHBC)

Average Loan Amount Average Loan Amount received per year.

$5,716/Year

Students Taking Out Loans

53%

Loan Default Rate

N/A

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