It is interesting to note that, every year, around 93% of students at DCC receive some kind of financial aid, while the total amount of assistance/loans provided is $348,185. The total percentage of candidates applying to Diamonds Cosmetology College who receive the Federal Grant is 88%. On the other hand, 91% of the candidates get the Student Grant, while 88% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,504. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. Every year, around 72% of the applicants to Diamonds Cosmetology College opt for student loans.