$4,764

Avg. Federal Grant

$6,009

Avg. Federal Loan

$580,102

Total Aid Awarded

Jolie Hair and Beauty Academy Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

79%

Total Aid Amount Average Total Aid Awarded per year.

$580.102K

Financial Aid Official Website

N/A

Notably, 81% of the students at Jolie Hair and Beauty Academy-Ludlow get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $817,053. Notably, a total of 73% of the applicants to Jolie Hair and Beauty Academy-Ludlow receive the Federal Grant every year. On the other hand, 73% of the candidates get the Student Grant, while 73% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,504. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. At Jolie Hair and Beauty Academy-Ludlow, the percentage of candidates who opt to avail of student loans is around 68%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

47%

State Grant Aid

1%

Institution Grant Aid

N/A

Pell Grant

47%

Average Aid Awarded

Federal Grant Aid

$4,764

State Grant Aid

$400

Institution Grant Aid

N/A

Pell Grant

$4,764

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,694

$30,001 - $48,000

$4,680

$48,001 - $75,000

$2,735

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Jolie Hair and Beauty Academy

Average Loan Amount Average Loan Amount received per year.

$6,009/Year

Students Taking Out Loans

46%

Loan Default Rate

32.2%

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