It is interesting to note that, every year, around 75% of students at CVBC receive some kind of financial aid, while the total amount of assistance/loans provided is $104,071. Notably, a total of 75% of the applicants to Coachella Valley Beauty College receive the Federal Grant every year. Meanwhile, 75% of the applicants receive the Student Grant, while 75% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,761. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At CVBC, an estimated number of 69% of the applicants choose to go for student loans.