Notably, around 78% of the students at Dayton Barber College receive some kind of financial aid every year, official data shows. The total percentage of candidates applying to Dayton Barber College who receive the Federal Grant is 72%. In comparison, 78% of the students get the Student Grant, and 72% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,561. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe.