Gene Juarez Academy of Beauty Financial Aid and Scholarships
Students Receiving Aid
73%
Total Aid Amount
$1.456M
Financial Aid Official Website
https://genejuarezacademy.edu/paying-for-school/financial-aid
Notably, 78% of the students at Gene Juarez Academy get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $1,098,547. The total percentage of candidates applying to Gene Juarez Academy who receive the Federal Grant is 50%. On the other hand, 70% of the candidates get the Student Grant, 24% receive the Institution Grant, and 50% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,260, and the same stands at $3,897 for State Grant awardees and $2,159 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,942. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At GJA, an estimated number of 56% of the applicants choose to go for student loans.
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