$5,547

Avg. Federal Grant

$8,352

Avg. Federal Loan

$2,530,463

Total Aid Awarded

Texas Barber College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

69%

Total Aid Amount Average Total Aid Awarded per year.

$2.530M

Financial Aid Official Website

N/A

Among them are scholarship programs such as Abe and Annie Seibel Foundation Loan, Children of U.S. Military who are Missing in Action or Prisoners of War (MIA/POWs) Exemption, Dr. Joseph Graham Fellowship for College Pro-Life Leaders, and Faye and Rendell Webb Scholarship. It is interesting to note that, every year, around 95% of students at TBC receive some kind of financial aid, while the total amount of assistance/loans provided is $4,204,609. At TBC, the total percentage of applicants who receive the Federal Grant stands at 92%. On the other hand, 92% of the candidates get the Student Grant, while 92% receive the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,185. 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. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. 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. At TBC, an estimated number of 92% of the applicants choose to go for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

83%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

83%

Average Aid Awarded

Federal Grant Aid

$5,547

State Grant Aid

$3,000

Institution Grant Aid

N/A

Pell Grant

$5,547

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,492

$30,001 - $48,000

$5,436

$48,001 - $75,000

$5,301

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Texas Barber College

Average Loan Amount Average Loan Amount received per year.

$8,352/Year

Students Taking Out Loans

84%

Loan Default Rate

19.6%

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