Interestingly, almost all of the students at MLSHDM receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $133,000 in a year. Notably, a total of 93% of the applicants to Mr Leon's School of Hair Design-Moscow receive the Federal Grant every year. Meanwhile, 93% of the applicants receive the Student Grant, while 93% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $6,095. 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. 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. At Mr Leon's School of Hair Design-Moscow, the percentage of candidates who opt to avail of student loans is around 93%.