As many as 87% of the students at TAAHDP get some sort of financial aid, and the total amount of assistance/loans provided is more than $624,377 in a year. At TAAHDP, the total percentage of applicants who receive the Federal Grant stands at 43%. On the other hand, 78% of the candidates get the Student Grant, 52% receive the Institution Grant, and 43% get the Pell Grant. Furthermore, the average aid for the Federal Grant receivers is $5,063, and the same stands at $1,445 for State Grant awardees and $1,001 for Institution Grant recipients. And, for the Pell Grant awardees, the average aid amount is $4,501. 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. 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. At Taylor Andrews Academy of Hair Design-Provo, the percentage of candidates who opt to avail of student loans is around 67%.