Notably, almost all of the college students get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $217,341. The total percentage of candidates applying to Ray J's College of Hair who receive the Federal Grant is 100%. On the other hand, 100% of the candidates get the Student Grant, while 100% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $5,116. 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. However, student loans attract a certain rate of interest at which the funds are borrowed. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 100% of the applicants to Ray J's College of Hair opt for student loans.