Among them are scholarship programs such as Dr. Allen Smith Memorial Scholarship, James R. Hunt Memorial Scholarship, Larry and Doris Clark Scholarship, and Minority Journalism Scholarship. It is interesting to note that almost every student at OSCBS receives some kind of financial aid, while the total amount of provided assistance/loans in a year is $945,700. The total percentage of candidates applying to Ohio State College of Barber Styling who receive the Federal Grant is 85%. On the other hand, 85% of the candidates get the Student Grant, while 85% receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $5,248. Among other things, the annual family income of the applicant plays a major role in determining the total financial aid they are actually eligible to receive. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. However, student loans attract a certain rate of interest at which the funds are borrowed. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Ohio State College of Barber Styling, the percentage of candidates who opt to avail of student loans is around 97%.