Notably, 91% of the students at Stylemaster College of Hair Design get some kind of financial aid every year, and the total amount of assistance/loans provided adds up to around $283,376. The total percentage of candidates applying to Stylemaster College of Hair Design who receive the Federal Grant is 84%. In comparison, 91% of the students are awarded the Student Grant, 2% get the Institution Grant, and 84% of the applicants receive the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $6,095. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. In contrast to grants and scholarships, student loans are taken by the candidates at a certain rate of interest. While grants and scholarship schemes do not require repayment, student loans should be repaid by the applicants within a given period. At SCHD, an estimated number of 84% of the applicants choose to go for student loans.