$5,041

Avg. Federal Grant

$1,834

Avg. Federal Loan

$197,601

Total Aid Awarded

Ponca City Beauty College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

74%

Total Aid Amount Average Total Aid Awarded per year.

$197.601K

Financial Aid Official Website

N/A

It is interesting to note that, every year, around 68% of students at PCBC receive some kind of financial aid, while the total amount of assistance/loans provided is $37,647. Notably, a total of 56% of the applicants to Ponca City Beauty College receive the Federal Grant every year. Meanwhile, 68% of the applicants receive the Student Grant, while 56% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,775. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Candidates are also required to repay these loans within a given period. At Ponca City Beauty College, the percentage of candidates who opt to avail of student loans is around 24%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

78%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

78%

Average Aid Awarded

Federal Grant Aid

$5,041

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,041

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,085

$30,001 - $48,000

$4,621

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Ponca City Beauty College

Average Loan Amount Average Loan Amount received per year.

$1,834/Year

Students Taking Out Loans

11%

Loan Default Rate

30.4%

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