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%.