Notably, 45% of the students at Lawrence & Company College of Cosmetology get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $81,697. The total percentage of candidates applying to Lawrence & Company College of Cosmetology who receive the Federal Grant is 45%. Meanwhile, 45% of the applicants receive the Student Grant, while 45% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,842. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Alternatively, the candidates can also avail of monetary benefits like student loans, apart from financial grants and scholarship schemes to pay for their studies. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. At LCCC, an estimated number of 42% of the applicants choose to go for student loans.