$4,524

Avg. Federal Grant

$1,145

Avg. Federal Loan

$498,521

Total Aid Awarded

Larrys Barber College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

59%

Total Aid Amount Average Total Aid Awarded per year.

$498.521K

Financial Aid Official Website

larrysbarbercollege.com/financial-aid/

Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $200,876. The total percentage of candidates applying to Larry's Barber College who receive the Federal Grant is 95%. In comparison, 100% of the students are awarded the Student Grant, 29% get the Institution Grant, and 95% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,079. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 95% of the applicants to Larry's Barber College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

100%

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$4,524

State Grant Aid

N/A

Institution Grant Aid

$426

Pell Grant

$4,524

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$4,950

$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 Larrys Barber College

Average Loan Amount Average Loan Amount received per year.

$1,145/Year

Students Taking Out Loans

59%

Loan Default Rate

51.9%

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