$5,804

Avg. Federal Grant

$7,406

Avg. Federal Loan

$1,456,044

Total Aid Awarded

Gene Juarez Academy of Beauty Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$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.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

52%

State Grant Aid

41%

Institution Grant Aid

27%

Pell Grant

52%

Average Aid Awarded

Federal Grant Aid

$5,804

State Grant Aid

$4,113

Institution Grant Aid

$2,211

Pell Grant

$5,679

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$8,042

$30,001 - $48,000

$8,226

$48,001 - $75,000

$5,225

$75,001 - $110,000

$2,589

Over $110,000

$1,700

Student Loans for Gene Juarez Academy of Beauty

Average Loan Amount Average Loan Amount received per year.

$7,406/Year

Students Taking Out Loans

64%

Loan Default Rate

N/A

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