$4,599

Avg. Federal Grant

$6,018

Avg. Federal Loan

$439,945

Total Aid Awarded

Iowa School of Beauty-Des Moines Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

68%

Total Aid Amount Average Total Aid Awarded per year.

$439.945K

Financial Aid Official Website

iowaschoolofbeauty.com

Notably, 96% of the students at Iowa School of Beauty-Des Moines get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $560,580. The total percentage of candidates applying to Iowa School of Beauty-Des Moines who receive the Federal Grant is 81%. In comparison, 89% of the students are awarded the Student Grant, 48% get the Institution Grant, and 81% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,179. 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. Candidates are also required to repay these loans within a given period. At ISBDM, an estimated number of 96% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

64%

State Grant Aid

5%

Institution Grant Aid

100%

Pell Grant

64%

Average Aid Awarded

Federal Grant Aid

$4,599

State Grant Aid

$179

Institution Grant Aid

$2,243

Pell Grant

$4,523

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,674

$30,001 - $48,000

N/A

$48,001 - $75,000

$5,500

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Iowa School of Beauty-Des Moines

Average Loan Amount Average Loan Amount received per year.

$6,018/Year

Students Taking Out Loans

91%

Loan Default Rate

5.9%

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