It is interesting to note that almost every student at LCC receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $86,124. Notably, a total of 100% of the applicants to Lebanon College of Cosmetology receive the Federal Grant every year. Meanwhile, 100% of the applicants receive the Student Grant, while 100% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,233. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. At LCC, an estimated number of 80% of the applicants choose to go for student loans.