$5,904

Avg. Federal Grant

$8,856

Avg. Federal Loan

$523,723

Total Aid Awarded

Ultimate Touch Barber College Financial Aid and Scholarships

Students Receiving Aid Percent of Students Receiving Financial Aid.

64%

Total Aid Amount Average Total Aid Awarded per year.

$523.723K

Financial Aid Official Website

N/A

It is interesting to note that, every year, around 94% of students at PAB receive some kind of financial aid, while the total amount of assistance/loans provided is $271,472. The total percentage of candidates applying to Phipps Academy of Barbering who receive the Federal Grant is 92%. Meanwhile, 92% of the applicants receive the Student Grant, while 92% of the students get the Pell Grant. As far as the Pell Grant beneficiaries are concerned, the average aid received stands at $3,747. 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. 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 Phipps Academy of Barbering, the percentage of candidates who opt to avail of student loans is around 93%.

Financial Aid Breakdown

Student Receiving Aid

Federal Grant Aid

58%

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

58%

Average Aid Awarded

Federal Grant Aid

$5,904

State Grant Aid

N/A

Institution Grant Aid

N/A

Pell Grant

$5,904

Federal Aid based on Family Income

Family Income

Average Federal Aid Per Year

Under $30,000

$5,980

$30,001 - $48,000

$4,877

$48,001 - $75,000

N/A

$75,001 - $110,000

N/A

Over $110,000

N/A

Student Loans for Ultimate Touch Barber College

Average Loan Amount Average Loan Amount received per year.

$8,856/Year

Students Taking Out Loans

30%

Loan Default Rate

N/A

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