Such schemes include August & Edna Zahatko Scholarship, Bill & Hilda Macomber Alta Kahl Scholarship, Governor Terry E. Brandstad Iowa State Fair Scholarship, and Iowa Barber and Cosmetology Arts and Sciences Tuition Grant. A significant number of students at TSPABC receive some kind of financial aid, and the total amount of assistance/loans provided is more than $47,833 in a year. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $4,515. 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. In addition to financial grants and scholarship schemes, students can also avail of monetary benefits like student loans to pay for their education. 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.