Notably, 96% of the students at Enid Beauty College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $183,939. The total percentage of candidates applying to Enid Beauty College who receive the Federal Grant is 96%. On the other hand, 96% of the candidates get the Student Grant, while 96% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,785. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. 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. Every year, around 75% of the applicants to Enid Beauty College opt for student loans.