Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $65,250. The total percentage of candidates applying to Hillsdale Beauty College who receive the Federal Grant is 100%. Meanwhile, 100% of the applicants receive the Student Grant, while 100% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,908. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At HBC, an estimated number of 94% of the applicants choose to go for student loans.