$5,815

Avg. Federal Grant

$5,385

Avg. Federal Loan

$174,450

Total Aid Awarded

K & G 5 Star Barber College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

73%

Total Aid Amount Average Total Aid Awarded per year.

$174.450K

Financial Aid Official Website

N/A

Interestingly, almost all of the students at KGSBC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $150,000 in a year. The total percentage of candidates applying to K & G 5 Star Barber College who receive the Federal Grant is 84%. Meanwhile, 84% of the applicants receive the Student Grant, while 84% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,535. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 100% of the applicants to K & G 5 Star Barber College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

77%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

77%

Average Aid Awarded

Federal Grant Aid

$5,815

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,815

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,815

$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 K & G 5 Star Barber College

Average Loan Amount Average Loan Amount received per year.

$5,385/Year

Students Taking Out Loans

100%

Loan Default Rate

48.3%

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