$6,048

Avg. Federal Grant

$9,031

Avg. Federal Loan

$1,310,810

Total Aid Awarded

Josephs College Cosmetology Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

91%

Total Aid Amount Average Total Aid Awarded per year.

$1.311M

Financial Aid Official Website

josephscollege.edu

As many as 96% of the students at JCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,392,356 in a year. At JCC, the total percentage of applicants who receive the Federal Grant stands at 81%. On the other hand, 84% of the candidates get the Student Grant, 39% receive the Institution Grant, and 81% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,567, and the same stands at $1,967 for State Grant awardees and $1,591 for Institution Grant recipients. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,068. 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. 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 JCC, an estimated number of 84% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

75%

State Grant Aid

75%

Institution Grant Aid

98%

Pell Grant

75%

Average Aid Awarded

Federal Grant Aid

$6,048

State Grant Aid

$1,787

Institution Grant Aid

$1,313

Pell Grant

$5,732

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$7,563

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Josephs College Cosmetology

Average Loan Amount Average Loan Amount received per year.

$9,031/Year

Students Taking Out Loans

91%

Loan Default Rate

19.1%

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