$6,115

Avg. Federal Grant

N/A

Avg. Federal Loan

$99,240

Total Aid Awarded

Sumter Beauty College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

89%

Total Aid Amount Average Total Aid Awarded per year.

$99.240K

Financial Aid Official Website

www.sumterbeautycollege.com/index.php?option=com_content&view=article&id=4:financial-planning&catid=7:cosmetology&Itemid=3

Notably, around 50% of the students at Sumter Beauty College receive some kind of financial aid every year, official data shows. Notably, a total of 50% of the applicants to Sumter Beauty College receive the Federal Grant every year. On the other hand, 50% of the candidates get the Student Grant, 50% receive the Institution Grant, and 50% get the Pell Grant. On the other hand, the average aid received by the Pell Grant awardees is $4,053. 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. But, they should understand that student loans are borrowed at a certain rate of interest, unlike grants and scholarships. Moreover, the funds received through these loans will have to be repaid within a given timeframe.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

20%

State Grant Aid

N/A

Institution Grant Aid

20%

Pell Grant

20%

Average Aid Awarded

Federal Grant Aid

$6,115

State Grant Aid

N/A

Institution Grant Aid

$100

Pell Grant

$5,815

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

N/A

$30,001 - $48,000

$6,215

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

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