Notably, 89% of the students at Olympian Academy of Cosmetology get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $6,118,304. Notably, a total of 82% of the applicants to Olympian Academy of Cosmetology receive the Federal Grant every year. Meanwhile, 82% of the applicants receive the Student Grant and 22% are awarded the Institution Grant, while 82% of the students get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,188. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. Every year, around 80% of the applicants to Olympian Academy of Cosmetology opt for student loans.