$5,029

Avg. Federal Grant

$3,500

Avg. Federal Loan

$85,500

Total Aid Awarded

Shawnee Beauty College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

71%

Total Aid Amount Average Total Aid Awarded per year.

$85.500K

Financial Aid Official Website

N/A

It is interesting to note that, every year, around 95% of students at SBC receive some kind of financial aid, while the total amount of assistance/loans provided is $24,500. Notably, a total of 95% of the applicants to Shawnee Beauty College receive the Federal Grant every year. In comparison, 95% of the students get the Student Grant, and 95% of the applicants receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $5,500. 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. 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. Candidates are also required to repay these loans within a given period. Every year, around 18% of the applicants to Shawnee Beauty College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$5,029

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,029

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,333

$30,001 - $48,000

$4,043

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Shawnee Beauty College

Average Loan Amount Average Loan Amount received per year.

$3,500/Year

Students Taking Out Loans

12%

Loan Default Rate

42.8%

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