$5,388

Avg. Federal Grant

$6,200

Avg. Federal Loan

$508,730

Total Aid Awarded

La James College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$508.730K

Financial Aid Official Website

lajames.edu/financial-aid/

As many as 84% of the students at LJCHC get some sort of financial aid, and the total amount of assistance/loans provided is more than $455,166 in a year. The total percentage of candidates applying to La James College of Hairstyling and Cosmetology who receive the Federal Grant is 67%. Meanwhile, 80% of the applicants receive the Student Grant and 23% are awarded the Institution Grant, while 67% of the students get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,353, and the same stands at $471 for State Grant awardees and $1,021 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $5,827. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Candidates are also required to repay these loans within a given period. At La James College of Hairstyling and Cosmetology, the percentage of candidates who opt to avail of student loans is around 80%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

81%

State Grant Aid

23%

Institution Grant Aid

22%

Pell Grant

81%

Average Aid Awarded

Federal Grant Aid

$5,388

State Grant Aid

$1,200

Institution Grant Aid

$1,020

Pell Grant

$5,300

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,129

$30,001 - $48,000

$3,950

$48,001 - $75,000

$725

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for La James College

Average Loan Amount Average Loan Amount received per year.

$6,200/Year

Students Taking Out Loans

86%

Loan Default Rate

5.7%

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