$5,410

Avg. Federal Grant

$7,900

Avg. Federal Loan

$301,106

Total Aid Awarded

Lil Lous Beauty and Barber College LLC Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

72%

Total Aid Amount Average Total Aid Awarded per year.

$301.106K

Financial Aid Official Website

N/A

It is interesting to note that almost every student at LLBBCL receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $596,661. At LLBBCL, the total percentage of applicants who receive the Federal Grant stands at 100%. In comparison, 100% of the students get the Student Grant, and 100% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $3,792. 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. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 100% of the applicants to Lil Lou's Beauty and Barber College LLC opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

83%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

83%

Average Aid Awarded

Federal Grant Aid

$5,410

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,410

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,920

$30,001 - $48,000

$3,370

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Lil Lous Beauty and Barber College LLC

Average Loan Amount Average Loan Amount received per year.

$7,900/Year

Students Taking Out Loans

83%

Loan Default Rate

14.2%

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