It is interesting to note that, every year, around 92% of students at LBCI receive some kind of financial aid. Notably, a total of 92% of the applicants to Laredo Beauty College Inc receive the Federal Grant every year. On the other hand, 92% of the candidates get the Student Grant, while 92% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,658. 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.