As many as 87% of the students at PCC get some sort of financial aid, and the total amount of assistance/loans provided is more than $754,174 in a year. Notably, a total of 63% of the applicants to Paroba College of Cosmetology receive the Federal Grant every year. In comparison, 63% of the students get the Student Grant, and 63% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,251. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At Paroba College of Cosmetology, the percentage of candidates who opt to avail of student loans is around 83%.