$5,591

Avg. Federal Grant

$10,250

Avg. Federal Loan

$246,000

Total Aid Awarded

Trend Barber College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

56%

Total Aid Amount Average Total Aid Awarded per year.

$246.000K

Financial Aid Official Website

N/A

Interestingly, almost all of the students at TBC receive some sort of financial aid, and the total amount of assistance/loans provided totals more than $332,142 in a year. At TBC, the total percentage of applicants who receive the Federal Grant stands at 100%. Meanwhile, 100% of the applicants receive the Student Grant, while 100% of the students get the Pell Grant. And, for the Pell Grant awardees, the average aid amount is $4,265. The annual family income of a candidate is one of the key factors in determining their total eligibility for financial aid. Apart from financial grants and scholarships, candidates can also avail of monetary benefits like student loans to fund their education. However, student loans attract a certain rate of interest at which the funds are borrowed. Candidates are also required to repay these loans within a given period. Every year, around 98% of the applicants to Trend Barber College opt for student loans.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

100%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

100%

Average Aid Awarded

Federal Grant Aid

$5,591

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,591

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,591

$30,001 - $48,000

N/A

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Trend Barber College

Average Loan Amount Average Loan Amount received per year.

$10,250/Year

Students Taking Out Loans

91%

Loan Default Rate

11.1%

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