$4,892

Avg. Federal Grant

$7,832

Avg. Federal Loan

$528,607

Total Aid Awarded

Lytles Redwood Empire Beauty College Inc Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

43%

Total Aid Amount Average Total Aid Awarded per year.

$528.607K

Financial Aid Official Website

N/A

As many as 81% of the students at LREBCI get some sort of financial aid, and the total amount of assistance/loans provided is more than $727,620 in a year. The total percentage of candidates applying to Lytles Redwood Empire Beauty College Inc who receive the Federal Grant is 60%. In comparison, 60% of the students get the Student Grant, and 60% of the applicants receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,210. 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. Every year, around 67% of the applicants to Lytles Redwood Empire Beauty College Inc opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

53%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

53%

Average Aid Awarded

Federal Grant Aid

$4,892

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$4,733

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$3,489

$30,001 - $48,000

N/A

$48,001 - $75,000

$2,408

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Lytles Redwood Empire Beauty College Inc

Average Loan Amount Average Loan Amount received per year.

$7,832/Year

Students Taking Out Loans

71%

Loan Default Rate

7.6%

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