Notably, 87% of the students at Searcy Beauty College get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $593,518. At SBC, the total percentage of applicants who receive the Federal Grant stands at 74%. On the other hand, 74% of the candidates get the Student Grant, while 74% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,217. 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. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. Moreover, the funds received through these loans will have to be repaid within a given timeframe. Every year, around 84% of the applicants to Searcy Beauty College opt for student loans.