Such schemes include 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. As many as 70% of the students at TGHAP get some sort of financial aid, and the total amount of assistance/loans provided is more than $1,037,937 in a year. The total percentage of candidates applying to Toni & Guy Hairdressing Academy-Plano who receive the Federal Grant is 47%. On the other hand, 47% of the candidates get the Student Grant, while 44% receive the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,901. The annual family income of the applicants is also considered for determining the total financial assistance that they will be eligible for. 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. Candidates are also required to repay these loans within a given period. At Toni & Guy Hairdressing Academy-Plano, the percentage of candidates who opt to avail of student loans is around 62%.