Notably, 68% of the students at J's Barber College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $152,740. At JBC, the total percentage of applicants who receive the Federal Grant stands at 55%. In comparison, 55% of the students get the Student Grant, and 55% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $3,729. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. Every year, around 68% of the applicants to J's Barber College opt for student loans.