$4,756

Avg. Federal Grant

$5,503

Avg. Federal Loan

$219,923

Total Aid Awarded

College of Hair Design Careers Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

47%

Total Aid Amount Average Total Aid Awarded per year.

$219.923K

Financial Aid Official Website

www.collegeofhairdesigncareers.com

It is interesting to note that, every year, around 74% of students at CHDC receive some kind of financial aid, while the total amount of assistance/loans provided is $353,117. The total percentage of candidates applying to College of Hair Design Careers who receive the Federal Grant is 67%. In comparison, 67% of the students get the Student Grant, and 67% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,118. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund 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 CHDC, an estimated number of 63% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

52%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

52%

Average Aid Awarded

Federal Grant Aid

$4,756

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,756

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,136

$30,001 - $48,000

$3,081

$48,001 - $75,000

$2,813

$75,001 - $110,000

$1,270

Over $110,000

N/A

Student Loans for College of Hair Design Careers

Average Loan Amount Average Loan Amount received per year.

$5,503/Year

Students Taking Out Loans

57%

Loan Default Rate

11.1%

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